Low levels of digital literacy still exists amongst Australian small to medium sized enterprises, which is preventing them from running their business more efficiently, research from Paypal Australia found.
PayPal's Seller Protection, which is already available to eBay merchants and a number of markets overseas, will be expanding to Asia Pacific, including Australia, on 11 October 2013.
The demand for Australian products overseas is currently worth $5 billion and this is expected to grow to $16.1 billion by 2018, illustrating there are cross-border opportunities for retailers, new PayPal and Nielsen data shows.
PayPal has partnered up with hospitality POS provider OrderMate as it continues to expand its cashless and cardless payment option in the offline space.
New research has surprisingly shown it’s tech-savvy Australians who increasingly complacent when it comes to cyber security.
Gold Coast and Hinterland ranked as the top regional 'hotspot' where online small to medium-size businesses are experiencing the largest growth, according to a study by PayPal Australia.
Reporting from National Retail Federation 2013 conference in New York, PayPal said in 2013 it will continue to drive innovation and partnership.
The Good Guys has partnered with PayPal to introduce several new payment options for its customers.
Sunday 9 December was forecasted to be the busiest online shopping day ever, according to eBay, PayPal and Australia Post.
Further driving the blur between online and offline retailing, PayPal has launched its new in-store payment option in Australia.
Mobile penetration continues to experience rapid growth in the retail sector.
Consumers are being urged to protect their digital wallets with new research from and the Centre for Internet Safety revealing two thirds are more careful with their ATM or credit card PIN than with their online passwords.
PayPal has extended its offline strategy across the US by teaming up with financial services company Discover Financial.
The Co-Op Bookshop has enlisted PayPal to help improve its QR code virtual window shop service.
A new shopping experience has been designed by PayPal Australia and Point and Pay to help both retailers and the media world move into the digital world, which was launched in The Weekend West on Saturday.
To help retailers embrace their multichannel strategies, PayPal has continued its expansion into the offline world, including signing 15 national deals with US retailers to bring its offline payment and shopping solutions to the stores.
The Australian Retailers Association, PayPal and eBay have signed a partnership to reflect retail landscape’s shift towards digital retailing.
The report by eBay, Australia Post and PayPal found 68 per cent of respondents would like to see more competitive rates while more than half would like to see net improvements for tracking.
Australia’s online commerce has slowed down slightly to a growth rate of 7 per cent year-on-year, which will eventually see it hit the forecasted figure of $34.8 billion by 2013, according to PayPal Australia.
After the Australian dollar grew to a 27 year high against the British pound recently, PayPal has predicted that there will a surge in Australians shopping in the UK.
PayPal has doubled its mobile payment volume projection for 2012 to $7 billion after expectations for 2011 were exceeded, reaching $4 billion in mobile payment volume.
Establsiehd Australian retailers were the driving force behind the uptake of online commerce with Australia experienced its busiest online shopping period in December.
Nearly 80 per cent of consumers admit to making online purchases at work and almost two thirds are planning to use office hours to search online for Christmas gift, according to a PayPal Australia survey.
MYOB has partnered with PayPal Australia to offer a new e-commerce-in-a-box solution that will allow small business to establish a web presence and begin accepting online payments within an hour.
Bricks and mortar retailers gathered for the final Engage in E-tail, jointly hosted by ARA and ASGA in partnership with PayPal to learn about mCommerce and social media.
New figures show that there are a growing number of consumers using their mobiles to make payments with PayPal Australia reporting that it's currently processing over 1,000 transactions an hour.
Online payment system PayPal has racked up 100 million active accounts worldwide.
A survey found that despite 75 per cent of Australians are concerned about the information they share online, almost 50 per cent admit to not knowing how many websites hold their personal details.
The secure payment channel said the fashion sector is now PayPal Australia’s second largest eCommerce category, behind electronics.
Trust and familiarity are the key drivers in consumer preference for mobile payment services but mobile and telecommunication brands were the least trusting brand category, according to a new study.
Data collected by the Australian Payments Clearing Association, Cheque Payment Transaction showed that cheque payments have declined by over 61 per cent to 27.6 million from the beginning of the millennium to 2010.
Communications Minister Stephen Conroy has called on Australian retailers to embrace the government’s NBN, which he believes is the "part of the solution" to reducing the gap between Australian retailers and its overseas counterparts in online retailing
PayPal and Crime Stoppers have partnered up to educate online shoppers about how to stay safe when conducting transactions online.
While bricks and mortar retailers continue to predict poor Christmas sales, PayPal indicates that 2010 will be the biggest Christmas yet for Australian online retailers.
The study, which was carried out in conjunction with Forrester Research and The Leading Edge, also showed that while there’s a surge in overseas online shopping, domestically eCommerce is also growing rapidly.
Already offering mobile apps for iPhone, Android and Blackberry, PayPal has announced the availability of the Mobile Express Checkout, a two-click checkout experience allowing customers to opt-in and remain logged in across apps.
The revenue for the fiscal third quarter ended September 30, increasing by 1 per cent to $2.2 billion.
PayPal is capitalising on the growing Australian ecommerce market with three million active users and over 30,000 Australian businesses now using PayPal.