 |
- Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points for businesses.
- The solution will power businesses to boost customer conversions, drive revenue growth and streamline operations, all while enhancing fraud protection.
SINGAPORE, May 15, 2025 /PRNewswire/ -- PayPal Complete Payments is now available for all businesses in Singapore. The full-stack payments solution is tailored for small and medium businesses (SMBs) and large enterprises to extend their reach globally, allowing merchants to accept payments from customers in over 200 markets while reducing complexity and managing risk, with just a single customizable integration.
"PayPal Complete Payments will give businesses here access to an extensive suite of new tools which will help them sell more effectively to global customers, in just one integration. It will also help businesses optimize their cash flow by enabling rapid settlement for transactions in minutes instead of days while also allowing them to hold multi-currency balances, reducing foreign exchange exposure," said Nadia Syed, Senior Vice President, International Cross Border Trade and General Manager Asia Pacific, PayPal. "Our latest product for businesses in Singapore is designed to help businesses boost customer conversion, drive revenue growth, and streamline operations—all while enhancing fraud protection, improving cost efficiencies, and simplifying cross-border transactions."
Amid a complex global trade environment, marked by higher tariffs and growing protectionism, cross-border commerce remains a vital growth engine for Singapore-based businesses. The recent developments have prompted calls for Southeast Asia companies to reassess their supply chains and explore new markets[1].
The strategic shift toward trade corridor diversification highlights the increasing importance of partnering with a global payments leader such as PayPal in accessing over 200 markets. This includes offering locally relevant alternative payment methods, which are growing in popularity around the world. Providing this flexibility is key to driving conversion, given 70 per cent of consumers consider the availability of their preferred payment method crucial to choosing where to shop[2].
Businesses can transact seamlessly with global customers
PayPal Complete Payments includes multiple features which will help businesses reach and engage customers around the world. These include options for consumers to choose how they pay, which can help drive checkout conversion – whether with globally-recognized methods like PayPal, Apple Pay® and Google PayTM, American Express, Visa and Mastercard credit or debit cards, or locally-accepted alternative payment methods such as Alipay, iDEAL and BLIK.
Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points[3]. Additionally, the availability of both PayPal Wallet and Apple Pay can potentially lead to a 17 per cent increase in checkout conversion rates[4] – further supporting business growth and revenue.
Another new feature is the ability to present prices in local currencies familiar to consumers wherever they are. PayPal Complete Payments also helps businesses optimize their cash flow by enabling rapid settlement for transactions in minutes instead of days while also allowing them to hold multi-currency balances, reducing foreign exchange exposure.
Commenting on how PayPal Complete Payments has benefitted from their cross-border gaming business online is G2G (Gamer2Gamer). G2G, a global leader in digital goods and services, trusted by over 10 million users worldwide and built to scale in the fast-growing US$250 billion global gaming market. According to G2G's Group CEO and Co-Founder Ken Chee, "PayPal Complete Payments with its transparent fees, instant settlements, and multi-currency support, empowers G2G to deliver a seamless and secure payment experience. Its advanced fraud protection minimizes risks in our cross-border transactions, enhancing operational confidence. This integration fuels G2G's expansion, fostering trust and stronger connections with our global gaming community."
Securely storing payment methods and simplifying the checkout experience
PayPal Complete Payments enables eligible businesses to allow their customers to securely store their payment methods in the PayPal vault for future purchases. This provides a seamless shopping experience for consumers, and helps businesses reduce transaction declines, drive conversions and facilitate repeat buyers.
Customers of businesses can save multiple payment methods – from PayPal to cards – in the PayPal vault. To help keep these payment methods up to date, PayPal supports features like real-time account updates, which can refresh card details when they are lost, stolen, or expired.
Security at the foundation
Additionally, fraud attacks targeting e-commerce payments in Singapore have risen to more than five times the global average[5]. This underscores the need for businesses to strike the right balance between authorizing legitimate payments and preventing fraudulent activities to effectively manage risk.
To help keep businesses secure in an environment where fraud is on the rise, PayPal Complete Payments offers Fraud Protection and Seller Protection on eligible transactions. PayPal has integrations with several e-commerce platforms – including Adobe Commerce, Big Commerce and WooCommerce – which make it easier for their customers to quickly take advantage of these solutions.
Discover more about PayPal Complete Payments here.
About PayPal
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com, and https://investor.pypl.com.
Media contact:
Prisita Menon
primenon@paypal.com
[1] EY, Impact of recent US tariffs on ASEAN business. (Apr 2025). |
[2] PYMNTS. (Oct 2024). |
[3] PayPal internal data, from online transactions between Oct 2022 – Sept 2023. |
[4] Incisiv, BigCommerce Enterprise Commerce Platform Conversion Report. (Jul 2023). |
[5] CNA. (Dec 2023). |
Photo - https://mma.prnasia.com/media2/2683403/Picture1.jpg?p=medium600
Logo - https://mma.prnewswire.com/media/946166/5310228/PayPal_2024_Logo_1.jpg
- Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points for businesses.
- The solution will power businesses to boost customer conversions, drive revenue growth and streamline operations, all while enhancing fraud protection.
SINGAPORE, May 15, 2025 /PRNewswire/ -- PayPal Complete Payments is now available for all businesses in Singapore. The full-stack payments solution is tailored for small and medium businesses (SMBs) and large enterprises to extend their reach globally, allowing merchants to accept payments from customers in over 200 markets while reducing complexity and managing risk, with just a single customizable integration.
"PayPal Complete Payments will give businesses here access to an extensive suite of new tools which will help them sell more effectively to global customers, in just one integration. It will also help businesses optimize their cash flow by enabling rapid settlement for transactions in minutes instead of days while also allowing them to hold multi-currency balances, reducing foreign exchange exposure," said Nadia Syed, Senior Vice President, International Cross Border Trade and General Manager Asia Pacific, PayPal. "Our latest product for businesses in Singapore is designed to help businesses boost customer conversion, drive revenue growth, and streamline operations—all while enhancing fraud protection, improving cost efficiencies, and simplifying cross-border transactions."
Amid a complex global trade environment, marked by higher tariffs and growing protectionism, cross-border commerce remains a vital growth engine for Singapore-based businesses. The recent developments have prompted calls for Southeast Asia companies to reassess their supply chains and explore new markets[1].
The strategic shift toward trade corridor diversification highlights the increasing importance of partnering with a global payments leader such as PayPal in accessing over 200 markets. This includes offering locally relevant alternative payment methods, which are growing in popularity around the world. Providing this flexibility is key to driving conversion, given 70 per cent of consumers consider the availability of their preferred payment method crucial to choosing where to shop[2].
Businesses can transact seamlessly with global customers
PayPal Complete Payments includes multiple features which will help businesses reach and engage customers around the world. These include options for consumers to choose how they pay, which can help drive checkout conversion – whether with globally-recognized methods like PayPal, Apple Pay® and Google PayTM, American Express, Visa and Mastercard credit or debit cards, or locally-accepted alternative payment methods such as Alipay, iDEAL and BLIK.
Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points[3]. Additionally, the availability of both PayPal Wallet and Apple Pay can potentially lead to a 17 per cent increase in checkout conversion rates[4] – further supporting business growth and revenue.
Another new feature is the ability to present prices in local currencies familiar to consumers wherever they are. PayPal Complete Payments also helps businesses optimize their cash flow by enabling rapid settlement for transactions in minutes instead of days while also allowing them to hold multi-currency balances, reducing foreign exchange exposure.
Commenting on how PayPal Complete Payments has benefitted from their cross-border gaming business online is G2G (Gamer2Gamer). G2G, a global leader in digital goods and services, trusted by over 10 million users worldwide and built to scale in the fast-growing US$250 billion global gaming market. According to G2G's Group CEO and Co-Founder Ken Chee, "PayPal Complete Payments with its transparent fees, instant settlements, and multi-currency support, empowers G2G to deliver a seamless and secure payment experience. Its advanced fraud protection minimizes risks in our cross-border transactions, enhancing operational confidence. This integration fuels G2G's expansion, fostering trust and stronger connections with our global gaming community."
Securely storing payment methods and simplifying the checkout experience
PayPal Complete Payments enables eligible businesses to allow their customers to securely store their payment methods in the PayPal vault for future purchases. This provides a seamless shopping experience for consumers, and helps businesses reduce transaction declines, drive conversions and facilitate repeat buyers.
Customers of businesses can save multiple payment methods – from PayPal to cards – in the PayPal vault. To help keep these payment methods up to date, PayPal supports features like real-time account updates, which can refresh card details when they are lost, stolen, or expired.
Security at the foundation
Additionally, fraud attacks targeting e-commerce payments in Singapore have risen to more than five times the global average[5]. This underscores the need for businesses to strike the right balance between authorizing legitimate payments and preventing fraudulent activities to effectively manage risk.
To help keep businesses secure in an environment where fraud is on the rise, PayPal Complete Payments offers Fraud Protection and Seller Protection on eligible transactions. PayPal has integrations with several e-commerce platforms – including Adobe Commerce, Big Commerce and WooCommerce – which make it easier for their customers to quickly take advantage of these solutions.
Discover more about PayPal Complete Payments here.
About PayPal
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com, and https://investor.pypl.com.
Media contact:
Prisita Menon
primenon@paypal.com
[1] EY, Impact of recent US tariffs on ASEAN business. (Apr 2025).
[2] PYMNTS. (Oct 2024).
[3] PayPal internal data, from online transactions between Oct 2022 – Sept 2023.
[4] Incisiv, BigCommerce Enterprise Commerce Platform Conversion Report. (Jul 2023).
[5] CNA. (Dec 2023).
Photo - https://mma.prnasia.com/media2/2683403/Picture1.jpg?p=medium600
Logo - https://mma.prnewswire.com/media/946166/5310228/PayPal_2024_Logo_1.jpg
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
PayPal Complete Payments Launches for Singapore Businesses to Double Down on E-commerce Growth
PayPal Complete Payments Launches for Singapore Businesses to Double Down on E-commerce Growth
- Hyundai Motor initiates global naming of sea forests across Korea, Argentina and Australia
- Campaign highlights the climate value of marine ecosystems through naming and identity-building during Earth Month
- Dedicated website and mapping registrations aim to build global awareness and data access
- Ongoing marine conservation includes Ulsan sea forest restoration projects conducted in partnership with Korean government agencies
SEOUL, South Korea , April 7, 2026 /PRNewswire/ -- Hyundai Motor Company today announced the global launch of its 'Forests Without Names' campaign, an initiative that celebrates Earth Month this April by naming sea forests worldwide while highlighting their environmental importance.
The campaign aims to increase awareness of these often overlooked underwater ecosystems and reinforce Hyundai Motor's long-term marine conservation efforts, including seaweed-based sea forest restoration off the coast of Ulsan, South Korea, and marine waste cleanup projects spanning 10 countries.
"Hyundai Motor Company has been committed to forest conservation across both terrestrial and marine ecosystems. Through the 'Forests Without Names' campaign, we are pleased to shed light on sea forests and highlight their ecological value and the importance of protecting our marine environments. We are especially proud to bring this story to life creatively — sparking curiosity about what has long gone unnoticed, and inspiring people to care about what they now know by name. We will continue to advance our sustainability efforts in pursuit of a more environmentally responsible future."
– Hyunchul Jeon, Head of Future Business & Sustainability Group at Hyundai Motor Company
What Are Sea Forests and Why Do They Matter?
Sea forests are underwater ecosystems formed by dense marine algae such as kelp and seaweed. Like terrestrial forests, they provide habitats, filter marine pollutants and support coastal biodiversity.
Global scientific and policy interest in seaweed's climate value increased in 2025, as discussions at the IPCC's 63rd Session in Lima highlighted the need to explore methodological pathways for including seaweed in future carbon accounting frameworks.
Why Is Hyundai Naming Sea Forests?
Unlike iconic terrestrial forests, many sea forests have no formal names — anonymity that limits their visibility and the protection they receive. The campaign addresses this fundamental gap by giving these ecosystems clear identities.
Finalized names will be added to the campaign's Sea Forest Map, which Hyundai Motor ultimately aims to integrate with widely used global mapping platforms and leading Korean platforms including Kakao Map. Hyundai Motor brings the public directly into the process through open voting — driving a shift in environmental communication from awareness alone toward recognition, documentation and long-term protection.
How Does the 'Forests Without Names' Campaign Work?
The campaign builds on Hyundai Motor's earlier environmental storytelling initiatives, including the Cannes Lions-winning 'Tree Correspondents' campaign in 2025, which used artificial intelligence (AI) to give trees a voice and spotlight the importance of forest conservation.
This new initiative expands Hyundai Motor's sustainability focus from land ecosystems to marine environments through three main actions:
- Naming three sea forests worldwide:
-
- Korea: One of the two restored sea forests in Ulsan is officially named "Ullim" — a Korean word evoking resonance or an echo — through a formal naming process conducted in close collaboration with the Ministry of Oceans and Fisheries and the Korea Fisheries Resources Agency (FIRA).
- Argentina: Hyundai has designated an official sea forest name "Auken Aiken" meaning "Field of Life" in the local indigenous language through a partnership with a local NGO specialized in marine conservation and community groups.
- Australia: The final name will be determined through a public voting process conducted via Hyundai Motor's global social channels and campaign website, with shortlisted candidates selected jointly with local NGOs and community groups.
- Registering these sites on a dedicated campaign website and mapping platform such as 'Kakao Map', with the ambition to expand to global platforms
- Working closely with the Korean government, NGOs and local communities to ensure scientific credibility and long-term conservation outcomes
The dedicated campaign website will evolve into a global Sea Forest Data Hub, archiving verified information such as location, ecosystem characteristics, and restoration activities. By making this data publicly accessible, Hyundai aims to build one of the world's most comprehensive open databases on underwater forests.
What Will Happen During Earth Month?
Key milestones include:
- April 3
- Release of teaser campaign video and open campaign website
- Announcement of sea forest names in Korea and Argentina, alongside public voting in Australia
- April 22 (Earth Day): Release of main campaign film and announcement of Australia's final sea forest name
Finalized names will be added to the campaign's Sea Forest Map, with the goal of registering these sea forests on global mapping platforms in the future.
How Does This Connect to Hyundai Motor's Broader Marine Conservation Work?
The naming initiative is part of Hyundai Motor's longer-term environmental strategy rather than a standalone campaign.
Hyundai Motor has been restoring seaweed forests in Ulsan since 2024 under agreements with Korea's Ministry of Oceans and Fisheries, the Korea Fisheries Resources Agency and Ulsan Metropolitan City. The project spans approximately 3.96 square kilometers and is expected to offset about 1,300 tons of CO₂ annually through carbon absorption and ecosystem restoration, through methods including seaweed transplantation, spore dispersal, artificial underwater longline installations, local species reproduction support and seabed cleanup.
Meanwhile, since 2021, the company has conducted marine waste collection projects in partnership with the Healthy Seas foundation across Europe, Korea and the United States. These efforts have resulted in the removal of approximately 320 tons of marine debris, including discarded fishing nets later recycled into ECONYL® nylon fiber used in vehicle materials such as floor mats for IONIQ 5, IONIQ 6, IONIQ 9, INSTER, SANTA FE and NEXO models sold in Europe.
Hyundai Motor aims to support ecosystem recovery and realize potential climate mitigation benefits through these initiatives.
About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision 'Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies.
More information about Hyundai Motor and its products can be found at:
https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
Follow our Hyundai Global Newsroom Instagram channel @hyundai media hub
Visit the Hyundai Media Hub for more content
SEOUL, South Korea , April 7, 2026 /PRNewswire/ -- Hyundai Motor Company today announced the global launch of its 'Forests Without Names' campaign, an initiative that celebrates Earth Month this April by naming sea forests worldwide while highlighting their environmental importance.
The campaign aims to increase awareness of these often overlooked underwater ecosystems and reinforce Hyundai Motor's long-term marine conservation efforts, including seaweed-based sea forest restoration off the coast of Ulsan, South Korea, and marine waste cleanup projects spanning 10 countries.
"Hyundai Motor Company has been committed to forest conservation across both terrestrial and marine ecosystems. Through the 'Forests Without Names' campaign, we are pleased to shed light on sea forests and highlight their ecological value and the importance of protecting our marine environments. We are especially proud to bring this story to life creatively — sparking curiosity about what has long gone unnoticed, and inspiring people to care about what they now know by name. We will continue to advance our sustainability efforts in pursuit of a more environmentally responsible future."
– Hyunchul Jeon, Head of Future Business & Sustainability Group at Hyundai Motor Company
What Are Sea Forests and Why Do They Matter?
Sea forests are underwater ecosystems formed by dense marine algae such as kelp and seaweed. Like terrestrial forests, they provide habitats, filter marine pollutants and support coastal biodiversity.
Global scientific and policy interest in seaweed's climate value increased in 2025, as discussions at the IPCC's 63rd Session in Lima highlighted the need to explore methodological pathways for including seaweed in future carbon accounting frameworks.
Why Is Hyundai Naming Sea Forests?
Unlike iconic terrestrial forests, many sea forests have no formal names — anonymity that limits their visibility and the protection they receive. The campaign addresses this fundamental gap by giving these ecosystems clear identities.
Finalized names will be added to the campaign's Sea Forest Map, which Hyundai Motor ultimately aims to integrate with widely used global mapping platforms and leading Korean platforms including Kakao Map. Hyundai Motor brings the public directly into the process through open voting — driving a shift in environmental communication from awareness alone toward recognition, documentation and long-term protection.
How Does the 'Forests Without Names' Campaign Work?
The campaign builds on Hyundai Motor's earlier environmental storytelling initiatives, including the Cannes Lions-winning 'Tree Correspondents' campaign in 2025, which used artificial intelligence (AI) to give trees a voice and spotlight the importance of forest conservation.
This new initiative expands Hyundai Motor's sustainability focus from land ecosystems to marine environments through three main actions:
The dedicated campaign website will evolve into a global Sea Forest Data Hub, archiving verified information such as location, ecosystem characteristics, and restoration activities. By making this data publicly accessible, Hyundai aims to build one of the world's most comprehensive open databases on underwater forests.
What Will Happen During Earth Month?
Key milestones include:
- April 3
- Release of teaser campaign video and open campaign website
- Announcement of sea forest names in Korea and Argentina, alongside public voting in Australia
- April 22 (Earth Day): Release of main campaign film and announcement of Australia's final sea forest name
Finalized names will be added to the campaign's Sea Forest Map, with the goal of registering these sea forests on global mapping platforms in the future.
How Does This Connect to Hyundai Motor's Broader Marine Conservation Work?
The naming initiative is part of Hyundai Motor's longer-term environmental strategy rather than a standalone campaign.
Hyundai Motor has been restoring seaweed forests in Ulsan since 2024 under agreements with Korea's Ministry of Oceans and Fisheries, the Korea Fisheries Resources Agency and Ulsan Metropolitan City. The project spans approximately 3.96 square kilometers and is expected to offset about 1,300 tons of CO₂ annually through carbon absorption and ecosystem restoration, through methods including seaweed transplantation, spore dispersal, artificial underwater longline installations, local species reproduction support and seabed cleanup.
Meanwhile, since 2021, the company has conducted marine waste collection projects in partnership with the Healthy Seas foundation across Europe, Korea and the United States. These efforts have resulted in the removal of approximately 320 tons of marine debris, including discarded fishing nets later recycled into ECONYL® nylon fiber used in vehicle materials such as floor mats for IONIQ 5, IONIQ 6, IONIQ 9, INSTER, SANTA FE and NEXO models sold in Europe.
Hyundai Motor aims to support ecosystem recovery and realize potential climate mitigation benefits through these initiatives.
About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision 'Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies.
More information about Hyundai Motor and its products can be found at:
https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
Follow our Hyundai Global Newsroom Instagram channel @hyundai media hub
Visit the Hyundai Media Hub for more content
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Forests Without Names: Hyundai Motor Brings the World's Hidden Sea Forests Into the Light
