PayPal expands to 190 Markets

PayPal today announced that customers in 87 new markets can send money online with PayPal. In addition, customers using PayPal.com will now be able to view the site in Spanish, French and simplified Chinese.

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The new markets that can now use PayPal to send money online include: Albania, Algeria, Angola, Antigua and Barbuda, Armenia, Azerbaijan Republic, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Bulgaria, Burkina Faso, Burundi, Cambodia, Chad, Colombia, Comoros, Democratic Republic of Congo, Republic of Congo, Cook Islands, Djibouti, Dominica, El Salvador, Eritrea, Ethiopia, Faroe Islands, Gabon Republic, Gambia, Greenland, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Honduras, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Lesotho, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Federated States of Micronesia, Mongolia, Morocco, Mozambique, Nauru, Nepal, Nicaragua, Niger, Niue, Norfolk Island, Oman, Palau, Panama, Papua New Guinea, Peru, Romania, Rwanda, Saint Vincent and the Grenadines, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Somalia, Sri Lanka, Suriname, Svalbard and Jan Mayen, Swaziland, Tajikistan, Tanzania, Turkmenistan, Tuvalu, Uganda, Vanuatu, Vatican City, Yemen and Zambia.

Customers using PayPal.com can now also view the site in Spanish, French and simplified Chinese. The addition of these new languages will enable Spanish, French and Chinese-speaking PayPal users to shop online securely and simply in the language they prefer. Customers using an Internet browser in any of these three languages will automatically be offered to view PayPal.com in one of these languages when they first visit the site.

"We are thrilled to expand our services to 190 markets worldwide, and introduce three new languages to the PayPal.com site," said Dana Stalder, senior vice president of PayPal. "By enabling customers to view PayPal.com in Spanish, French and simplified Chinese, we now offer customers in 46 markets the ability to transact in their native language, making domestic and cross border trading secure and simple for millions of customers around the globe."

PayPal currently has 143 million accounts globally. In the first quarter of 2007, PayPal's total payment volume was over $11 billion.

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