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Ustream Asia Accepts PayPal for its First-Ever Global Paid Music Broadcast Service Featuring Ayumi Hamasaki's New Year Countdown Concert

PayPal
2010-12-31 12:54 1395

SINGAPORE, Dec. 31, 2010 /PRNewswire-Asia/ -- PayPal today announced that Ustream Asia Inc. will accept PayPal, one of the world's largest online payment platforms, on its website for its first-ever paid music broadcasting service in Japan and worldwide. The online music broadcast will be Ayumi Hamasaki's New Year's Eve concert titled "ayumi hamasaki COUNTDOWN LIVE 2010-2011 -- do it again --", to be broadcast immediately after the performance on January 1st, 2011. PayPal will be the only payment service available on Ustream Asia's website for this special performance by Japan's Empress of Pop and one of the most popular music stars across the Asia Pacific region. For more information and to buy tickets for the music broadcast, please go to http://avexnet.or.jp/ayu/cdl2010-2011/en/.

Ustream Asia explained that the tickets for the live music event were sold out quickly, so it is broadcasting this concert online to the world to fulfill the requests of fans that were not able to buy a ticket or unable to attend the event, especially for the fans overseas. Ustream Asia chose PayPal as the online payment service for this music broadcast because of its global reach and over 230 million total users around the world. PayPal is widely used for cross-border shopping transactions as it is available in 190 markets and supports payments in 24 currencies.

Andrew Pipolo, Country Manager for PayPal Japan, said, "This event is a milestone for entertainment companies everywhere as entertainment migrates online and users look for convenient payment methods, like PayPal, to access their favorite video content.  Artists, performers and content providers benefit by tapping into a worldwide audience and expanding their international reach and sales with PayPal's convenient, secure global payment platform."

Ustream Asia integrated PayPal's new digital goods solution with an in-context payment flow, so that users can purchase access to the streaming video of Ayumi Hamasaki's performance in as little as two clicks and without leaving Ustream Asia's website.  In addition, PayPal users can make secure payments without entering or disclosing financial details or credit card information to shopping sites, ensuring that user privacy is protected. Ease of use, with only user ID and password required for online payment, has made PayPal one of the most popular online payment services for consumers worldwide.

About PayPal

PayPal is the faster, safer way to pay and get paid online. The service allows members to send payments without sharing financial information, with the flexibility to pay using their account balances, credit cards, and bank accounts where available in various markets. PayPal is an eBay company and enables global e-commerce with more than 90 million active accounts in 190 markets and 24 currencies around the world. The company's open payment platform, PayPal X, allows developers to build innovative payment applications on multiple platforms and devices. More information about the company can be found at https://www.paypal.com.

PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore.

Media Contacts:

Dickson Seow
PayPal Asia Pacific
Tel:   +65-6510-6463
Email: dseow@paypal.com

Jeremy Seow / Jolin Tan
Text 100 Public Relations (for PayPal)
Tel:   +65-6603-9000
Email: paypalteam@text100.com

Source: PayPal
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