24-Jun-18, ZD Net
Amid the rise of e-wallets and mobile payment platforms in Asia-Pacific, PayPal is betting on its global reach and security infrastructure to keep its digital payments service relevant.
%20Netral%20English.jpg "PayPal touts global reach as mobile wallets pop up in APAC (c) Netral English")
Image: Netral English
The region's online payments and e-commerce markets had seen significant progress in the last couple of years, fuelled largely by an active consumer ecosystem and various government efforts. Various companies now offer their own e-wallets and mobile payments, such as Singtel's Dash, DBS's PayLah and Alibaba's AliPay.
Despite this, PayPal sees its focus on security and expansive reach as competitive advantages. It also ensures user experience is seamless.