Bangkok--1 Apr--Spark Communications
PayPal Launches New Partner Programme in Southeast Asia
Financial rewards, marketing support and tiered incentives on offer to valued PayPal partners
PayPal announces today, the launch of a new partner programme to reward its partners in Southeast Asia for doing business with PayPal. Partners that integrate PayPal to their e-commerce platforms can qualify as a member, gold or platinum partner status to receive special benefits and financial incentives, which vary by tier.
The new partner programme supports partners that offer PayPal-enabled payment solutions by offering revenue share opportunities, referral incentives and a certification programme. Partners can also access the latest PayPal marketing, product and educational resources via the new PayPal partner portal: https://www.paypal-marketing.com/emarketing/partner/sea/application/landing.page.
Bao Lam, Head of Partner Development, Southeast Asia & India said, “Our partner efforts in Southeast Asia to date have been tremendously successful and this new programme will deliver even more value to our partner community and help them, as well as PayPal, to grow. Partners who join the programme will get access to new resources and features that can help them to expand their businesses, attract more merchants and increase their global presence.”
To qualify for the programme, solutions providers must pre-integrate PayPal as a key component of their e-commerce or web solution to deliver online payments functionality for their business customers such as online retailers. Following the integration, joint activation campaigns will be run on the partner’s site with PayPal branding.
PayPal offers a wide range of secure, easy to implement and convenient online payment services. It enables merchants to securely, conveniently and quickly sell their goods or services to a global buyer base, centrally manage their invoices online, and is proven to increase sales by an average of 14 percent[1]. Numerous e-commerce and payment providers in Southeast Asia already offer PayPal as an integral part of their web solutions, including PAYSBUY and iPay88.
In March 2009, Thai online payment provider, PAYSBUY, became a key channel partner for PayPal through a commercial agreement which saw PAYSBUY start to offer a one-stop-shop payment solution. This partnership allows PAYSBUYs’ merchants to accept local and global payment methods on their websites, ranging from local ATM, bank and mobile phone payments, to the major credit cards, as well as PayPal.
Somwang Luangpaiboonsri, General Manager of PAYSBUY Company Limited said, “Partnering with PayPal has undoubtedly benefited our business. With PayPal we are now able to offer Thai businesses a trusted and secure payment option for overseas transactions. Prior to PayPal, PAYSBUY’s members could only offer credit cards to their overseas customers, which limited buyer appeal due to security reasons. Now they are able to offer a secure, well-known and convenient way to pay, which helps to build customer trust and increase sales. Our members have also benefited from our partnership with PayPal through the offer of joint marketing promotions and educational seminars, which has run throughout the year.”
About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without disclosing financial information, with the flexibility to pay using their account balances and credit cards. With more than 81 million active accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce. The company's open payment platform, PayPal X, allows developers to build innovative payment applications on multiple platforms and devices.
In the U.S., PayPal is the most preferred payment service on the Web after Visa. In the UK and Australia, PayPal is the most preferred payment service on the Web[2].
PayPal’s Total Payment Volume, the total value of transactions in 2009 represented nearly 15 percent of global e-commerce[3].
PayPal is headquartered in San Jose, California. Its international headquarters (PayPal Pte. Ltd.), is located in Singapore.
PayPal is an eBay company. More information about the company can be found at www.paypal.com
Consumer advisory - PayPal Pte. Ltd., the holder of PayPal's stored value facility, does not require the approval of the Monetary Authority of Singapore. Users are advised to read the terms and conditions available at www.paypal.com carefully before use.
For further information, please contact
Tanyawan Surasarang
Spark Communications
Tel: 02 653 2717-9
Email:
[email protected]
[1] Source: Survey of PayPal shoppers conducted by Northstar Research, Q4 2007 and PayPal internal data on Express Checkout transactions, Q4 2007)
[2] Source: PayPal Brand Tracker Q4 08 and Nielsen Consumer Report 2H 2008
[3] Based on Forrester estimates of US e-commerce with the addition of eBay Inc. internal metrics totalling $256B