Thu, Jun 27, 2013: PayPal Pte. Ltd. recommends small and medium enterprises (SMEs) in Malaysia to export their products online to global marketplace in accelerating business after PayPal found its Malaysian merchants experiencing double-digit growth online, the Sun Daily reported.
According to Paypal, the fastest-growing online exports markets in Malaysia are Japan, China, Singapore, US and Australia on computers and accessories, books and magazines, electronics, fashion, beauty and fragrances. Most of the customers will import fashion, website services, gaming, toys and sports equipment from overseas mainly from China, Australia, the UK and the US.
In Southeast Asia, PayPal is reported having over 1.5 million active PayPal account holders.