Paypal opens global HQ in Singapore
The largest and most popular online payment company Paypal opened it’s international headquarters and development center in Singapore yesterday, 6th November 2007. This will effectively create more than 200 tech jobs for the IT job market in Singapore.
The HQ, at Neil Road, will serve the global market excluding US and Canada. It will serve as Paypal’s development center where products and new features for the payment service will be done.
It is predicted that the international online payment business will be bigger than its North American market by next year as more and more people goes online to make purchases and transfer money. Currently, there are more than 164 million Paypal accounts in the world with $17.4 billion in transactions in the third quarter of this year alone.
Yet again this shows that the Singapore Government has done a great job for making Singapore the number choice for many foreign companies to choose Singapore as their regional and international headquarters.
Popularity: 28% [?]
Yeay! Another opportunity to search for internship!
*applying for internship*
Yeah…it’s great! Go for it sylv!
how to withdraw money from paypal for money received overseas?
how to link to my posb bank account?
fee charge?
thanks.
it’s free of charge on the bank side. But Paypal do have some charges there.
Check the link here for more info >>> here
hi, thax.
but i called up posb to ask if they have any application form for me to fill up to apply for linking with paypal but they said no such service. then what should i do?
U don’t have to link to your POSB account from the bank side.
Fill in your bank account information at the paypal side. Just go log into your account, then go your profile on the navigation bar, you’ll see the “Add or Edit Bank Account” when you hover your mouse over the Profile link.
=)
hi, can u give me the currency exchange rate and fee charges by paypal to me?
how much do i have to pay if i invoice SGD366 to a UK paypal customer? (if i want to withdraw the money to my bank once received it)
hope to hear from u ASAP
thanks, jessie
Hi Jessie,
I believe invoicing a client of yours doesn’t not incur any fees. However, when they pay you through paypal, yes you’ll be charged a percentage. The exchange rate varies from time to time as Paypal follows the exchange rate movements.
Well, it’ll be good if you can check out their help page.