PayPal launches new payments solution for Irish SMEs

PayPal has launched its PayPal Complete Payments solution for small and medium enterprises in Ireland (SMEs).

The new offering from the online payments company, which has already been rolled out across the UK, Canada and more than 20 European markets, 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.

According to PayPal, 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.

Expanding the choice of payment methods for shoppers can help turn potential customers into actual customers and help increase sales, it added.

“We're bringing our latest innovation to Ireland with PayPal Complete Payments, which 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.”