Manage uncertainty, mitigate risk with a cross-border strategy

Feb 19 2021 | PayPal Editorial Staff

Toilet paper, face masks and disinfectant wipes. These weren’t the first items that came to mind for most online retailers at the start of the year. But they’ve become the defining shopping categories of 2020. From Wall Street to Main Street, every facet of the world's economies has been turned on its head. It’s a time that’s given all of us pause.
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The Great Pause

While no one can be certain how all this will play out, there are some key trends to keep an eye on as commerce resumes and starts around the globe, and the world discovers its “new normal.”
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What’s still true

Even after the threat of COVID-19 subsides, the potential for external shocks like geopolitical events, trade wars, even new pandemics may continue to impact economies – and potentially your business. Pursuing a cross-border strategy now can put you in a stronger position to respond, both to the near-term developments we foresee and the longer-term events we can’t.
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How a cross-border strategy can be a source of strength

From PayPal’s point as one of the world’s largest online payments platforms, they have seen the power of a smart cross-border approach in transforming small online businesses into vibrant international merchants.
 
In times of economic uncertainty, a cross-border strategy can prepare you to take advantage of favourable conditions in specific countries and regions, making your business more resilient. For businesses seeking to expand their footprint internationally, this report will help you understand some of the most relevant seasonal, cultural, behavioural and technological differences that could give you an edge when breaking into new, unfamiliar markets.

Download the full 2020 PayPal Borderless Commerce Report below. Discover international opportunities in 12 key markets around the globe and understand the cultural and seasonal nuances that will help you connect with buyers in these markets effectively.
 

Download your report today.

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Use our interactive map to explore the countries and regions in our report.

2 PayPal commissioned Ipsos MORI PayPal Insights 2018. n=34,000, 31 markets. Online survey of adults (aged 18+) between March — May 2018.

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Yes. If you've lost or are unable to locate your confirmation code on your card statement, you can request a new one.

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You can request a new PayPal code up to 2 times. When you request a new PayPal code, we'll charge your card another 3 SGD. The previous PayPal code expires and only the code generated from the latest request is valid.

This charge and a 4-digit PayPal code will appear on your card statement within 2 to 3 business days. The code sequence appears as PayPal*1234CODE. You'll need the first 4 digits to confirm your card. We'll refund the charge to your credit card once you have confirmed your credit card. This may take up to 30 days to appear on the card statement.

If you can't access your card transaction history or online statement, or if this 4-digit code is unavailable online, check your next paper statement or contact your bank for this code. Please allow up to 3 business days after requesting the confirmation before you contact your bank. We cannot provide you with the 4-digit confirmation code by any other method.
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