News

PayPal’s new merchant platform, PayPal Open, launched in Australia today – one platform for all businesses. From local entrepreneurs to leading enterprises and household names, businesses of all sizes will be able to access PayPal Open to fuel commerce and help drive growth. By unifying all of PayPal's merchant offerings into a single platform, PayPal Open enables businesses to discover and implement solutions based on their unique needs while tapping into PayPal’s global network of up to 400M active accounts.

“With PayPal Open, we are delivering one platform for all businesses - a unified commerce solution built to evolve with the needs of Australian merchants. From helping small businesses seamlessly manage cash flow to enabling large enterprises to design customised solutions at scale, PayPal Open unites it all in one powerful, streamlined platform,” said Andrew Toon, General Manager for PayPal Australia’s payments business.

PayPal Open enables businesses, including developers and partners, to easily discover and integrate a full suite of commerce tools, from payments and financial services to risk solutions, from within the PayPal ecosystem. The platform also integrates with leading external commerce partners, enabling merchants to plug-and-play with third-party tools that fit their unique needs.

PayPal Open empowers businesses of all sizes to:

• Power Payments – Businesses can power payments across the globe through PayPal’s checkout solutions including PayPal, Fastlane, and Pay Later offerings such as PayPal Pay in 4, as well as seamlessly process cards, digital wallets, and many alternative payment methods through a single integration. Giving consumers choice and flexibility in how they pay can help boost sales and capture customers across payment methods. With support for more than 140 currencies in over 200 global markets, PayPal Open makes it easy to transact on nearly every major e-commerce platform.  
• Power Growth – Businesses can unlock access to PayPal’s expansive consumer network of hundreds of millions of PayPal accounts. Beyond payments, PayPal provides merchants with access to capital through flexible lending solution PayPal Working Capital.
• Operate Smarter – Businesses can leverage data on sales and performance to help uncover opportunities for optimisation and inform critical decisions. With nearly 25% of global e-commerce running through PayPal, merchants can tap into unique insights to help scale their operations. 

“PayPal Open delivers innovation to our customers today, while preparing them for success in the future,” Toon shared, adding, “The platform acts as a framework where we, and our partners, can contribute new solutions, expanding the capabilities on offer to the hundreds of thousands of Australian businesses that are a part of the PayPal ecosystem.”

PayPal Open is an accessible platform designed to power the next generation of business growth, enabling secure, streamlined transactions for businesses of all sizes. At PayPal, safety and security are core priorities – because we know our partners and customers need to operate with confidence. Our commitment to protecting data and fortifying the payments ecosystem puts trust at the center of every transaction, making PayPal the foundation for modern commerce.

Learn more about PayPal Open here.