Group 1 - PayPal aims to resolve payment challenges for overseas tourists in China by allowing them to scan WeChat payment QR codes within this year [1] - The launch of PayPal World is intended to connect global local wallets, enabling users to make quick payments and receipts using their local wallets [1] - PayPal is collaborating with Tenpay Global as one of its first partners to achieve global payment interoperability [1] Group 2 - PayPal's business in China has primarily served cross-border e-commerce sellers, with a significant focus on the Chinese market [2] - The cross-border e-commerce export in China is projected to reach approximately 2.15 trillion yuan in 2024, reflecting a year-on-year growth of 16.9% [2] - PayPal's growth rate in China has exceeded the overall market growth, indicating strong performance [2] - The company recognizes the emerging trends in industries such as short dramas and gaming, and plans to support these sectors in their international expansion over the next five years [2]
PayPal中国区CEO邱寒:年内有望解决海外来华游客支付难题