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By Tan Weizhen
PAYPAL, the giant United States-based Internet payment service, has launched a new feature which allows Singapore users to tap their local bank accounts.
In the past, PayPal users had to have a credit card linked to their accounts. Now, the payment service has arranged with local banks to allow Internet shoppers or sellers to transfer funds directly from their bank accounts into their PayPal accounts.
The new online service was launched yesterday here, and in Malaysia, the Philippines, Indonesia, Mexico and Hong Kong, making a total of 18 countries which have the service.
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