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Five million Aussies choose PayPal 23 November 2009
PayPal will sign up every single Australian merchant now selling anything online within the next couple of years, if the new managing director meets his goals.Frerke-Malte Feller says “PayPal in Australia has the strongest or the second strongest market position globally. PayPal is very strong in the UK, and it is in these two markets where PayPal has the strongest consumer adoption rates."In Australia 27 per cent of online shoppers prefer to pay with PayPal according to Nielsen, more than Visa or MasterCard or any other method and only in the UK do you see rates like that."We have good merchant take up here as well but we want more of course. I want to sign up every Australian online merchant and that is what we are aiming for.”Feller says the recent joint promotion with big retailer Clive Peeters for cheap iPods if purchased via PayPal resulted in all stock being sold within two days.PayPal has more than five million active accounts in Australia.
