PayPal claims 10-fold Australian growth

Gordon Peters
Tuesday, 15 June 2010 16:19

IT People - People

PayPal has appointed a new head of its Australian merchant services division, on the back of what the company says is ten-fold growth in the market and half of the top 100 Australian online retailers offering PayPal as a payment option.

Elena Wise has joined PayPal, as head of the merchant services division, from American Express, where she was vice president, B2B, Asia Pacific and Japan from 2005 until recently.

According to PayPal, its Australian business growth has seen merchants currently offering PayPal including JB Hi-If, Big W, Roses Only, Dick Smith Electronics, Hoyts, Borders, Flight Centre, DealsDirect, Optus and Telstra.

Wise said today 'I am delighted to be joining PayPal at this exciting period of merchant acquisition and product innovation.  Aside from managing our growth, the main priority of my role will be to continue to provide PayPal's 30,000 current Australian merchant partners, both big and small, with a secure and innovative online payments solution and to help grow their eCommerce offerings.

'As more Australian businesses develop their online offerings to drive business growth both locally and internationally, PayPal enables merchants of all sizes to transact online in a safe and secure way.  I look forward to working with the team to bring the PayPal solution to new Australian merchants.'
Wise was head of interactive services at American Express between 2000 and 2004.

PayPal Australia managing director, Frerk-Malte Feller, said PayPal was 'committed to representing the interests of our 3 million active customer accounts in Australia, by improving and growing the number of Australian merchants using PayPal.'

'Elena will help us to continue to offer our merchants the ability to easily provide customers the benefits of a safe and secure payment service.  As more Australian businesses build their presence online, we are confident of the future growth of our merchant services division.'