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PayPal Australia's new managing director, Jeff Clementz Paypal Australia’s new chief executive and managing director is Jeff Clementz. Acting chief executive, Elena Wise, has returned to her position as head of merchant services. Clementz appointment was announced earlier this week and a company spokesperson has confirmed that he has already started work in the company’s Click on the title to read more Paypal Australia appoints new managing director, Jeff Clementz PayPal Australia has upped its forecast for the size of the Australian ecommerce marketplace to $AUD 34.8billion in 2013. PayPal’s estimate for last year (i.e. 2011) was $AUD29.7billion. The new forecast, which relies on analysis from market researchers, Forrester, is detailed in PayPal’s latest Secure Insight: The Future of Shopping report. In this year’s report, Click on the title to read more PayPal 2013 forecast for Australian e-commerce marketplace jumps to $AUD34.8billion Evidence is mounting that the National Australia Bank (NAB), and its contracted research analysts at Quantium, may have ‘fudged’ the data used in creating its new Online Retail Sales Index. Released last week, and based on two years of NAB customer transaction data, the new Index has been generally welcomed. One obvious reason for that Click on the title to read more NAB, Quantium fudge data for Online Retail Sales Index? Australian online commerce is now forecast to be worth as much as $37.7 billion by the year 2013, according to Forrester research cited in a new report released this week by Paypal Australia. The figure for 2011 is expected to be around $30.2billion, up from $27billion in 2010. Growth in Australian ecommerce is expected to Click on the title to read more Australian online commerce to hit $37billion by 2013. Paypal Australia’s head of merchant services , Elena Wise, claims that up 10% of the eBay subsidiary’s transactions are now mobile And she said as many as 2,000 Australian merchants may have processed their first smart-phone originated payment in the last six months. These surprising statistics underline the rapid rise in popularity of the Internet-enabled Click on the title to read more Up to 10% of PayPal transactions now originating on smart-phones. |
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