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PayPal launches new payments solution for Irish SMEs

Jonas Breding, General Manager for PayPal Northern Europe
Jonas Breding, General Manager for PayPal Northern Europe

Online payments company PayPal is today launching PayPal Complete Payments for small and medium enterprises in Ireland.

The new offering allows Irish SMEs to accept a range of payments including PayPal, Apple Pay, Google Pay, credit and debit cards and alternative payment methods from around the world.

It has already been rolled out across the UK, Canada and more than 20 European markets

PayPal said recent research found that 63% of online shoppers would not purchase from a brand if it had a poor checkout experience, with 43% of customers likely to buy if the checkout offers their preferred payment type.

The company said that SMEs face challenges every day, from finding new customers and managing cashflow to driving sales.

It said that expanding the choice of payment methods for shoppers can help turn potential customers into actual customers and help increase sales.

"We're bringing our latest innovation to Ireland with PayPal Complete Payments, that enables small and medium-sized enterprises to offer their customers the same level of service and user experience as large enterprises," said Jonas Breding, General Manager, Northern Europe, PayPal.

"With PayPal Complete Payments businesses are seeing on average 4.2% lift in credit and debit card acceptance for neighbouring markets like the UK. This demonstrates we are delivering greater value for our customers by boosting customer conversions and helping drive revenue," he added.

PayPal said it has integrations with several ecommerce platforms, including BigCommerce and WooCommerce, which make it easier for their customers to quickly take advantage of this new solution.

It also said that PayPal Complete Payments new solution enables eligible enterprises to allow their customers to securely store their payment methods in the PayPal vault for future purchases.