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PayPal launches global market insight resource PassPort

A new website from PayPal is looking to help businesses navigate global markets. PassPort, which is free and was launched earlier this week, provides insight into global markets by country, outlining gift-giving traditions and major holidays, as well as providing shipping tools for sellers.

Other resources include an overview of elements for sellers to keep in mind as they think about selling outside the U.S. For burgeoning businesses, PassPort also offers a link to eBay as a place where it’s possible for businesses to expand the scope of their sales. In order to for a seller to accept payment on eBay, they are required to have a PayPal account.

The unveiling of PassPort comes the same week that various reports outlined Amazon’s anticipated launch of an online payment tool that would allow the company’s 240 million active users to purchase from sellers using credit card info stored on Amazon.