PayPal touts global reach as mobile wallets pop up in APAC

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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. 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 to digitise the payments industry, said PayPal CTO Sri Shivananda, in an interview with ZDNet.

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