PayPal Expands to 190 Markets Worldwide

CATEGORY: News

PayPal today announced that customers in 87 new markets can send money online with PayPal. In addition, customers using PayPal.com will now be able to view the site in Spanish, French and simplified Chinese.

Customers using PayPal.com can now also view the site in Spanish, French and simplified Chinese as well as US English. The addition of these new languages will enable Spanish, French and Chinese-speaking PayPal users to shop online securely and simply in the language they prefer. Customers using an Internet browser in any of these three languages will automatically be offered to view PayPal.com in one of these languages when they first visit the site.

With Google Checkout blowing millions on incentives to attract business there’s a lot of catching up to support retailers who want to appeal to a worldwide customer base. PayPal with Website Payments Pro now covers a vast geographic area and one Checkout will take years to compete with.

The new markets that can now use PayPal to send money online include: Albania, Algeria, Angola, Antigua and Barbuda, Armenia, Azerbaijan Republic, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Bulgaria, Burkina Faso, Burundi, Cambodia, Chad, Colombia, Comoros, Democratic Republic of Congo, Republic of Congo, Cook Islands, Djibouti, Dominica, El Salvador, Eritrea, Ethiopia, Faroe Islands, Gabon Republic, Gambia, Greenland, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Honduras, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Lesotho, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Federated States of Micronesia, Mongolia, Morocco, Mozambique, Nauru, Nepal, Nicaragua, Niger, Niue, Norfolk Island, Oman, Palau, Panama, Papua New Guinea, Peru, Romania, Rwanda, Saint Vincent and the Grenadines, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Somalia, Sri Lanka, Suriname, Svalbard and Jan Mayen, Swaziland, Tajikistan, Tanzania, Turkmenistan, Tuvalu, Uganda, Vanuatu, Vatican City, Yemen and Zambia.

3 Responses

  1. It’s good to see PayPal expending but there is still the issue of confirmed addresses for international accounts and any dispute placed by the customer are ineligible for PayPal Buyer Protection.

  2. PayPal has expanded availability to a number of countries that most of us will never sell or ship to, yet actually managed to increase our potential exposure and associated risks. Some (such as Romania) enjoy less than satisfactory reputations, but all share the same defect – no confirmed addresses therefore ZERO seller protection even if shipped by track-n-trace with signature. Higher risk for sellers with marginally-projected sales increases for PayPal… (at least with Google CheckOut they do better screening before allowing transactions).

    Even PayPal’s so called Enhanced Seller Protection has it’s defects and the higher associated costs and risks will have to be passed on to buyers. As I see it, PayPal’s security model is fundamentally flawed – they don’t verify the identity of the parties involved in transactions and usually side with the buyer in disputes, even though the seller pays all the fees. PayPal also fail to contest chargebacks as it’s not cost effective, and they can under their T&C pass on these costs to the seller.

    I guess I’ll stay with alternatives such as MoneyBookers.com who do confirm and verify the buyer’s details before accepting payment (rather than with PayPal method to freeze accounts – only after a ‘problem’ occurs). MoneyBookers also promise to cover against charge backs or fraudulent funds – something I’ve never had with them in 5 years, versus numerous case with PayPal over the same time frame. In my experience the only way I managed to get PayPal disputes settled in my favour was by going to an uninterested outside party such as the law enforcement or regulatory agencies, and getting recovery of the item or funds that way.

Comments are closed.

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