PayPal launches PayPal Complete Payments in China

By Gloria Mathias

PayPal has unveiled PayPal Complete Payments, a safe and efficient all-in-one platform that integrates a range of customised products and solutions to support Chinese merchants in selling globally.

This platform streamlines payment and receivables processes for businesses of all sizes in China, empowering them to thrive in cross-border trade and the digital economy.

Suzan Kereere, PayPal’s President of Global Markets, said, “We are excited to bring PayPal’s Complete Payments solution to China, empowering businesses with secure, seamless cross-border transactions and helping them tap into global markets. This launch marks a significant milestone in PayPal’s mission to revolutionise commerce globally, bridging Chinese businesses with consumers around the world more efficiently and transparently.”

Hannah Qiu, Senior Vice President, China CEO, PayPal, said: “As of date, PayPal has facilitated the global expansion of many Chinese businesses. With PayPal’s unique two-sided network and technological advantages, we will continue to enhance and optimise the system and product capabilities of PayPal China, empowering Chinese merchants to expand business globally through more diversified cross-border payment solutions.”

Michelle Gill, Executive Vice President and General Manager of SMB and Financial Services at PayPal, said, “By offering convenient and seamless payment experiences and continuously upgraded solutions, we not only help significantly boost conversions but also help SMEs build trust with their customers and provide diversified payment options.”

PayPal will gradually introduce new features with PayPal Complete Payments to fully support Chinese businesses in cross-border transactions.

PayPal has teamed up with its partners to localise and customise the user experience, making the entire usage process more in line with the habits and behaviour patterns of Chinese merchants. This allows them to easily activate the function and quickly take advantage of this new solution. To date, PayPal has integrations with several eCommerce platforms, including Shoplazza, Shopyy, Ueeshop, BigCommerce, and WooCommerce.

As China’s payment industry and cross-border eCommerce continue to expand rapidly, PayPal will keep working with its Chinese partners to explore, innovate, and support Chinese businesses in achieving tremendous success on the global stage.