In payments war, PayPal bears arms for the little guy

Singapore

THE payments market has never been so competitive, but with the advent of technology, PayPal is hoping heightened protection for merchants in South-east Asia will set it apart as supporting small-time merchants, said a top executive from this region.

This comes as the job market is increasingly choke-full of freelancers in South-east Asia. Small-time entrepreneurs in the region are also striking out on their own through the Internet, reaching across borders, but would want better protection against fraud.

"We are the flagbearer for the small guy," said Rahul Shinghal, general manager for Singapore and Southe…