RHB and PayPal Lead the Virtual Wallet Revolution in Malaysia and Asia

by Mercator Advisory Group 0

Paypal’s official blog has a new post talking about its collaboration with a Malaysian bank to offer its virtual wallet solution. Consumers with an Internet banking account with RHB could send money to any email address through PayPal, even if the senders don’t have PayPal accounts themselves.

“…this collaboration is an excellent example of how PayPal can work with leading financial institutions to offer new, innovative payment services; increase their customer engagement; lower their operational costs; participate in the fast-growing e-commerce market; and maximize their share of the virtual wallet,” comments

Elias Ghanem, GM of PayPal Southeast Asia and India.

Read press release:


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