PayPal has launched a new site, PayPal Israel, which is in Hebrew and has customer service in Hebrew, Israeli telephone number.

eBay through its unit PayPal, started offering e-commerce in shekels in mid-2008 and in the late 2009 has also given people in the business sector to transfer money from a PayPal account straight to an Israeli bank account.

PayPal president Scott Thompson observed that in all places where the body was launched in the local language, e-commerce among both consumers and business surged and went on to recognize the importance of the Israeli market and was confident that the launch would contribute to a real and true revolution in all matters related to online business in Israel.

PayPal acquired Israeli Fraud Sciences in 2008, which helped to scrutinize products for online transactions, and currently is the PayPal’s R&D center in the area. 80 engineers and development managers have been employed by the center.

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