PayPal, a California-based provider of online payment solutions, has added five new currencies and now supports payments in 24 currencies.
The new currencies include the US Dollar, Australian Dollar, Canadian Dollar, Hong Kong Dollar, Singapore Dollar, Taiwan New Dollar, New Zealand Dollar, Euro, Swiss Franc, Czech Koruna, Swedish Krona, Danish Krone, Norwegian Krone, Hungarian Forint, Mexican Peso, Philippine Peso, Malaysian Ringgit, Chinese RMB, Israeli New Shekel, Pounds Sterling, Brazilian Real, Polish Zloty, Thai Baht and Japanese Yen.
PayPal has also opened its PayPal X global payments platform to third-party developers, ushering in a new generation of innovative payments. The first Application Programming Interface (API) suite in PayPal X, Adaptive Payments, includes a new currency conversion API to automatically convert currencies using live exchange rates.
Scott Thompson, president of PayPal, said: “The addition of these new currencies makes it even easier to use PayPal around the world. Consumers have more choice in how they pay, merchants can conduct business in more markets around the world, and developers can now create multi-currency applications built on PayPal X.”
