The partnership between PayPal and Chinese e-commerce company DHGate has officially ended this week.
On August 6, DHGate stopped accepting payments completed through PayPal. "After a thorough annual business review by PayPal, both companies have mutually agreed to part ways due to different approaches to achieve their respective business goals and standards," the company said on its Web site.
DHGate is one of the biggest e-commerce platforms of its kind in the region, and still accepts other payment methods including Visa, Mastercard, bank transfer and Western Union.
Despite the end of the partnership, PayPal is keen to emphasize … Read more