Cross Border Transactions of PayPal Merchants in Malaysia Grow 29% in 2013

April 3, 2014 (Thu): According to PayPal’s Cross-Border Insights 2013, PayPal merchants in Malaysia experienced 29 percent growth in 2013 compared with 2012. Online exports from Malaysia to Australia on PayPal payment platform increased the most with 50 percent, follow by Canada (26%), US (20%) and UK (18%).

The report also predicts global cross-border trade will reach over US$307 billion by 2018.

“The international demand now was a clear signal for businesses in Malaysia to look for new ways to grow their sales by expanding across borders,” said Paypal Country Manager for Malaysia and Thailand, Audrey Ottevange.

Author: VSDaily Editor

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