Paypal is now a member of PATA

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The Pacific Asia Travel Association (PATA) is pleased to welcome global technology platform and digital payments company PayPal Holdings, Inc. as its newest industry member.

“As we are moving towards an exponential future at an unprecedented speed, it is important that travel and tourism stakeholders are able to successfully navigate the ever-evolving digital landscape. That is why we are excited to welcome PayPal to the PATA family. As one of the world’s largest digital payment companies, it is important that we are able to add this voice to our discussions in the responsible development of the travel and tourism industry,” said PATA CEO Dr. Mario Hardy. “It is also important for small and medium-sized enterprises in Asia and the Pacific to understand the importance of using a digital payment gateway in order to have greater global access to customers from such markets as North America and Europe.”

Founded in 1998, PayPal continues to be at the forefront of the digital payments revolution. PayPal gives people better ways to manage and move their money, offering them choice and flexibility in how they are able to send money, pay or get paid. The company operates an open, secure and technology agnostic payments platform that businesses use to securely transact with their customers online, in stores and increasingly on mobile devices. Available in more than 200 markets around the world, the PayPal platform enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

“The way in which we are making our travel bookings are changing, and as travellers evolve, so must businesses. Today’s digital traveller is demanding simplicity, convenience and security when making travel bookings.  If businesses can offer a simple and secure payment experience that allows travellers to make online bookings seamlessly anywhere they want, they are set for take-off. As an online and mobile payments leader with 227 million customers in over 200 markets worldwide, PayPal is focused on helping travel businesses in Asia Pacific tap into this global opportunity, and joining the PATA community allows us to be better placed when it comes to discussions on the digitalisation of travel,” said Rahul Shinghal, Managing Director for PayPal Southeast Asia and Head of Merchant Support for PayPal Asia Pacific.

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Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1979), beginning as a travel agent up through today as a publisher of eTurboNews (eTN), one of the world’s most influential and most-read travel and tourism publications. He is also Chairman of ICTP. His experiences include working and collaborating with various national tourism offices and non-governmental organizations, as well as private and non-profit organizations, and in planning, implementing, and quality control of a range of travel and tourism-related activities and programs, including tourism policies and legislation. His major strengths include a vast knowledge of travel and tourism from the point of view of a successful private enterprise owner, superb networking skills, strong leadership, excellent communication skills, strong team player, attention to detail, dutiful respect for compliance in all regulated environments, and advisory skills in both political and non-political arenas with respect to tourism programs, policies, and legislation. He has a thorough knowledge of current industry practices and trends and is a computer and Internet junkie.