Toronto-based TransferTo and PayPal have teamed to offer mobile airtime top-up in Canada. Without any transfer fees, Canadians can now use their PayPal account to instantly top-up prepaid mobile phones of their relatives and friends that are registered with over 400 carriers in more than 100 countries.
All the sender needs is their own PayPal account and the mobile number of the recipient, to top-up a prepaid mobile phone using their smartphone, tablet or computer on www.paypal-mobiletopup.ca.
According to Statistics Canada, one out of five people living in Canada were born abroad. A large number of Canadian immigrants are from the Philippines, India and China1 – regions that have heavy mobile phone usage.
• In 2011, more than 152,000 Canadians were born in the Philippines, representing 13.1 per cent of all immigrantsi. There are more mobile connections (114.6 million) in the Philippines than there are people (100.9 million). Of those mobile connections, 95 per cent are prepaidii.
• China is the second leading country of birth among people who immigrated to Canada between 2006 and 2011i. There are 1.3 billion mobile connections in China of which 79 per cent are prepaidii.
• India is the third leading country of birth among people who immigrated to Canada between 2006 and 2011i. There are 941 million mobile connections in India of which 95 per cent are prepaidi.
PayPal processed 4 billion payments last year, of which 1 billion were made on mobile devices. PayPal is available to people in 203 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies.
TransferTo helps businesses offer mobile money, goods and services, and airtime top-ups around the world in real-time. Our global mobile remittance Hub provides an essential combination of services and technology to mobile telecommunication companies and financial institutions including PayPal, Xoom, MTN, Singtel, Orange and Western Union.
For data, background and forecasts on PayPal: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).