Although eBay is not doing well in China, and by proxy PayPal (贝宝)， this is something to cheer about.
This has been a long time in the waiting. A big boost to ecommerce in Singapore no doubt.
Singapore badly need a payment system to complete with those pricey solution from eNETs and WorldPay. If PayPal get their way, more people would be opening online stores from their bedroom.
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