Tbilisi, 11 December 2014 - TBC Bank, innovative Georgian next-generation financial institution launches its cooperation with global payment provider PayPal in order to offer TBC Bank customers an easy and quick way to create PayPal accounts.
Due to PayPal, all TBC Bank customers will be able to create PayPal account directly from their TBC Bank online banking page. After creation of PayPal accounts, TBC Bank customers will gain full access to PayPal global online payment functionality and will be able to easily and safely pay anytime and anywhere.
This way, the cooperation will bring together the strengths of both companies - PayPal's global online and mobile payment solutions with 157 million active accounts in 203 markets, along with the TBC Bank‘s extensive local market knowledge and a total of one million consumers in Georgia.
As a result of PayPal and TBC Bank integration, the PayPal account creation procedure will be streamlined for TBC Bank customers. Pre-filled personal information forms will allow TBC customers to create their PayPal accounts within minutes directly in TBC online banking accounts.
"PayPal has made paying online and mobile a way of life for its customers around the world. We make it safer and quicker to pay and send money. We are delighted to help TBC Bank develop its customer experience by making it even easier and quicker to create your PayPal account now on TBC Bank platform" - says Ganna Yevtushenko, Head of Business Development of PayPal in Central & Eastern Europe.
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About PayPal
At PayPal, we put people at the center of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution, processing almost 10 million payments for our customers per day. PayPal gives people better ways to connect to their money and to each other, helping them send money without sharing financial information and with the flexibility to pay using their PayPal account balances, bank accounts, PayPal Credit and credit cards. With our 157 million active digital wallets, we have created an open and secure payments ecosystem people and businesses choose to securely transact with each other online, in stores and on mobile devices. PayPal is a truly global payments platform that 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. PayPal is an eBay Inc. (Nasdaq: EBAY) company. In September 2014, eBay Inc. announced the planned separation of eBay and PayPal into independent publicly traded companies in 2015. More information about PayPal can be found at www.paypal.com and www.paypal-media.com. More information about the planned separation of eBay and PayPal can be found at update.ebayinc.com.
Visit www.paypal-media.com for more information and follow us on Twitter, Facebook, YouTube, LinkedIn and our PayPal-Forward blog.
Contact:
Anna Kicińska, PayPal
akicinska@paypal.com
Piotr Oleksy, CluePR
piotr.oleksy@cluepr.pl
+48 518 399 690
About TBC Bank
From its foundation as one of the first privately-owned banks in Georgia in 1992, TBC Bank has played an innovative role in the development of the Georgian economy, providing new financial services and supporting the growth of local businesses. The bank today serves around one million customers through 116 branches, a broad range of electronic banking operations, and one of the largest ATM and POS networks in Georgia.
