NetBuilder announces partnership with PayPal!

The partnership enables NetBuilder’s online payment solution, NBePay, to offer PayPal as an additional payment method to customers especially on multiple currency (cross border) transactions. PayPal is offered to all NBePay’s merchants as an additional payment method at no additional cost. The hassle free integration with PayPal also enables NBePay’s merchant to consolidate all transactions processed via PayPal and other payment method.

NetBuilder has signed up as a Channel Partner of PayPal, a global leader in online payments. The partnership enables NetBuilder’s online payment solution, NBePay, to offer PayPal as an additional payment method to their customers especially on multiple currency (cross-border) transactions, thereby extending their reach to over 81 million active PayPal accounts in 190 markets around the world.

As the preferred payment service on the Web in the United Kingdom and Australia¹, PayPal offers secure payments by providing an extra level of security and privacy as its users do not have to disclose credit card information directly to online merchants when paying for items. Additionally, PayPal’s proprietary fraud detection models, 24/7 fraud monitoring, and protection for buyers against unauthorized transactions, gives shoppers peace of mind and greater confidence to buy online.

Enjoy one month free PayPal transaction fees from now till 31st March 2010 when you sign up for PayPal and enable it through NBePay. <Find out more here>.

About NetBuilder
NetBuilder provides solutions to kick start e-commerce online presence for SME since year 1999, from design and shopping cart via MyMall platform to online payment solution, NBePay.

Recently, NetBuilder has been awarded Most Outstanding Merchant 2009 in Payment Model by MEPS FPX and also won the Merit Awards under Best of the Financial Applications category by MSC Malaysia APICTA 2008.

About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without disclosing financial information, with the flexibility to pay using their account balances and credit cards. With 81 million active registered accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce.

PayPal is headquartered in San Jose, California. Its international headquarters (PayPal Pte. Ltd.) is located in Singapore.

PayPal is an eBay company. More information about the company can be found at www.paypal.com/my

Consumer advisory - PayPal Pte. Ltd., the holder of PayPal's stored value facility, does not require the approval of the Monetary Authority of Singapore. Users are advised to read the terms and conditions available at www.paypal.com/my carefully before use.

1. PayPal Brand Tracker Q4 08 and Nielsen Australia Consumer Report 2H 2008.