PayPal launched its full-stack payments solution, tailoured for small and medium businesses (SMBs) and large enterprises in Singapore, reducing complexity and managing risk, with a single customisable integration.
The financial technology company's PayPal Complete Payments seeks to extend companies' global reach, while allowing merchants to accept payments from customers in over 200 markets.
The solution is expected to help Singapore businesses boost customer conversions, drive revenue growth and streamline operations, all while enhancing fraud protection.
Through PayPal Complete Payments, consumers can choose how they pay, helping drive checkout conversion – whether with globally-recognised methods like PayPal, Apple Pay and Google Pay, American Express, Visa and Mastercard credit or debit cards, or locally-accepted alternative payment methods such as Alipay, iDEAL and BLIK.
The solution also has a new feature that can present prices in local currencies familiar to consumers wherever they are.Â
Further, PayPal Complete Payments enables eligible businesses to allow their customers to securely store their payment methods in the PayPal vault for future purchases, bringing in a seamless shopping experience for consumers, and helps businesses reduce transaction declines, drive conversions and facilitate repeat buyers.
PayPal's payments solution also offers fraud and seller protection on eligible transactions, as the company has integrations with several e-commerce platforms such as Adobe Commerce, Big Commerce and WooCommerce.