PayPal To Add 1,000 New Jobs In Asia Pacific Region

    March 17, 2010

Ebay’s online payment service PayPal said today it would double the number of employees in Asia Pacific from 1,000 currently to more than 2,000 by the end of the year.

PayPal said it plans to add more than 100 new jobs at its international headquarters in Singapore. New jobs will be located at all seven offices including Australia, China, Hong Kong, India, Japan, Singapore and Taiwan. For its Singapore business headquarters, PayPal will be seeking Singapore-based people with background in technology, product development, infrastructure design, risk and engineering.

Farhad-Irani-PayPal "While PayPal’s growth in Asia Pacific to date has largely been driven by our cross border business, we fully expect the domestic business in many of our Asian markets to explode in the coming years," said Farhad Irani, vice president of PayPal Asia Pacific.

"Our success in the region will continue to rely on partnering with merchants, financial services companies and local governments to deliver the right services for our customers."

PayPal says it processed more than $6 billion of total payment volume in Asia Pacific in 2009, an increase of 38 percent from 2008.

As part of its plans to grow across Asia Pacific, the company also announced the PayPal mobile payment software development kit (SDK) will be available to developers in the region.