SINGAPORE, 30 JULY 2009 Online payment service provider PayPal has opened its online Asia Mall - http://www.paypal-apac.com/apac-mall, an online shopping store offering great deals and special offers for cash-conscious online shoppers.
According to the company, which is a subsidiary of E-Bay, major online retailers in Singapore, Australia, Hong Kong, Japan and Taiwan are present in PayPal's Asia Mall.
The Asia Pacific is currently one of PayPal's fastest-growing regions with 12 million accounts and more than US$4 billion of total payment volume processed in the region in 2008, an increase of 56 per cent from 2007.
Promotional offers to PayPal customers range from 20 per cent discounts to free warranties and free cross-border delivery.
PayPal shoppers can browse through the promotions offered by Asian retailers in a range of categories, including the hugely popular online health and beauty store, Sasa.com, and the leading online gadget store, DealExtreme, with more Asian retailers expected to join the online store in coming months, said a PayPal representative.
Online shoppers today are looking for choice, convenience and bargains and will happily purchase from overseas retailers to satisfy these needs, said Farhad Irani, vice president of Asia Pacific, PayPal. Our Asia Mall offers Asian merchants the opportunity to connect with millions of these shoppers and drive cross-border trade for their business.
Sign up for MIS Asia eNewsletters.