Also plans to launch mobile payment SDK in the region
PayPal said that it plans to double the number of employees in Asia Pacific from 1,000 currently to more than 2,000 by the end of the year. New jobs will be located at all seven offices in the region including Australia, China, Hong Kong, India, Japan, Singapore and Taiwan.
In addition, the company also plans to add more than 100 new jobs at its international headquarters in Singapore. It will be recruiting Singapore-based professionals with expertise in technology, product development, infrastructure design, risk and engineering.
As part of the plan to help grow the e-commerce ecosystem across Asia Pacific, the company has announced that PayPal mobile payment software development kit (SDK) will be made available to developers in the region. It allows developers to add a checkout button to accept mobile payments without the need to collect financial information from customers.
Farhad Irani, vice president of PayPal Asia Pacific, said: “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.
“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.”
The mobile SDK, which will initially support iPhone app development, is expected to be available in the second quarter of 2010.