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PayPal Australia to launch First PayPal X Developer Competition

  • 04 November, 2009 14:20

<p>SYDNEY, 4th November 2009 – To mark the launch of its global open payments platform in Australia, PayPal today announced it will host the inaugural PayPal X Australian Developer Competition in February 2010.</p>
<p>The competition will challenge the Australian developer community to create the most innovative payment application using Adaptive Payments, the first PayPal X API, at an on-site developer “code and build” event. The winner will receive a substantial cash prize to help them commercialise their application. More details about the competition, including timing and venue, will be announced in January 2010.</p>
<p>Ahead of the public launch of PayPal X at Innovate 2009 in San Francisco, more than 25 Australians joined the thousand-plus developers globally who registered for the PayPal X limited beta program to receive access to the initial version of Adaptive Payments.</p>
<p>“This is an exciting time for Australian developers that want to help shape the future of payments, and take e-commerce in Australia to the next level,” said Spiro Rokos, Senior Manager, Developer Network at PayPal Australia.</p>
<p>“By opening up our platform, we hope to facilitate innovation in payments by enabling local developers to create new payment solutions for goods and services beyond traditional e-commerce. It’s also an opportunity for developers to monetise applications they’ve built on the back of PayPal’s open platform.”</p>
<p>What Australian developers say about PayPal X</p>
<p>Among the Australian developers attending PayPal Innovate 2009 in San Francisco this week are Steven Cooper (Katmatcreations), Stu Andrews (Code Biscuit), as well as Keith Mason (ACP Magazines), who won an all expenses paid trip to the event as part of a competition last month.</p>
<p>“PayPal's new open platform brings unprecedented power and flexibility, and opens up a whole new awesome world of possibilities for developers. Using the new APIs, I can put my imagination to work to create solutions that allow people to transact money across the world, and leverage the enormous trust in PayPal’s brand.”
Stu Andrews from Code Biscuit</p>
<p>“The new APIs are very dynamic and will provide unlimited ways for third party web applications to interface with PayPal’s new open platform. The functionality really is going to change the way we pay and open up a whole new world of e-commerce. The more I read about the new APIs, the more excited I get about the opportunity and we’re currently looking at developing a new site using Adaptive Payments.”
Steven Cooper from Katmatcreations</p>
<p>“By opening up its payments platform, PayPal is providing web developers with opportunities they never had before. Prior to releasing the Adaptive Payments API, it was difficult to process donations to multiple recipients at the same time due to the complexities of handling micropayments. The parallel payments functionality offered within Adaptive Payments eliminates many of the payment headaches in this area.”
Keith Mason, online producer at ACP Magazines; winner of the PayPal developer competition held last month at Web Directions South</p>
<p>About PayPal</p>
<p>PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, or credit cards. PayPal is Australia’s preferred way to pay online when compared to other online payment systems and individual credit card brands according to Nielsen Online Consumer Report 2H 2008. With more than 78 million active accounts in 190 markets and 24 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company. For more information, visit www.paypal.com.au.</p>
<p>The PayPal service is provided by PayPal Australia Pty Limited (ABN 93 111 195 389) which holds an Australian Financial Services Licence, number 304962. Any advice here does not take into consideration your objectives, financial situation or needs which you should consider before acting on our recommendations. You should read and consider the PDS before deciding whether to acquire any product.</p>
<p>Media Contacts:
Kasia Ciszak, The De Wintern Group
Tel: 02 9360 2156
Email: kasia@dewintern.com</p>

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