Merchant Innovation

PayPal: We Now Serve Over 200 Markets!

PayPal continues to make headlines this week, with the most recent news coming straight from a company blog post. According to PayPal, it is now available in over 200 markets.

Written by Rupert Keeley, SVP, PayPal EMEA, the blog post explained that PayPal is thrilled that it is continuously able to provide safe and secure payment options for individuals and companies across the globe.

“It takes a lot of careful planning and preparation to enter a new market, and we take our responsibility to manage people’s money very seriously,” Keeley wrote. “We believe we can seamlessly integrate these markets into our platform and provide the investment and resources needed in things like customer service. More importantly, we believe there is demand. Demand for a safer way to pay and take part in the global commerce revolution.”

Specifically, PayPal added 10 new markets to its network this week, including Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova, Monaco, Montenegro, Nigeria, Paraguay, and Zimbabwe.

Keeley added that not only is this good news for individuals in those countries, but more markets gives businesses more opportunities as well.

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Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. Check out the February 2019 PYMNTS Digital Fraud Tracker Report

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