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Convenient and Secure – Launch of PayPal for Business app
04 Oct 2018 |
We are a customer champion company, and are constantly looking at making transactions safe, secure and convenient.
Today we launched PayPal for Business- our first merchant app for India helping our small and medium merchants and freelancers to conduct business on the go giving them the convenience of a single interface for their domestic and cross-border payments. All this backed by PayPal's robust risk and security platform.
Being agile and nimble is one of the key requirements for small and medium businesses and freelancers. The app makes available to them computed sales insights, professional invoicing capabilities and scope to accept payments in multiple currencies from across the world.
Speaking on the app launch, Narsi Subramanian, Director, Growth PayPal India, said, “Our focus is to enable payments in a convenient and safe manner and help merchants and freelancers grow their business. The PayPal for Business app solves for some of the most common problems faced by SME’s and freelancers. The app empowers them to run their business seamlessly and goes beyond just processing payments. India has the second highest number of freelancers in the world, and the SME sector is growing rapidly as the spirit of entrepreneurship continues to soar. With the penetration of smartphones and internet connectivity, our merchants are increasingly adopting a mobile-first go to market strategy.
PayPal for Business
is aimed at catering to these merchants in making their lives easier and helping them conduct their business on the go.”
Some of the key features of the
PayPal for Business
Sales Insights: A dashboard which helps merchants track their business performance, find out their comparative performance year on year, number of transactions, average order value among other details.
Invoicing: Merchants will be able to easily create, draft, preview and send invoices on the go, helping them receive payments in a timely manner and avoid delays.
View multi-currency balance: Merchants can view their balance in all currencies, enabling a single integration for domestic and cross-border payments.
Issue refunds: The app enables merchants to issue refunds to their customers and hence ensuring a better experience for their customers.
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