Interpretation of Paypal's new MOR model I. Background: AliExpress platform and  PayPal (PayPal)  have cooperated for more than four years. In the process, we can see the high conversion and high customer unit price brought by PayPal payment methods. In order to better serve more merchants and lower the opening threshold, AliExpress platform will deepen its Cooperation mode.  The new cooperation model is MOR (Merchant of Record),  that is, AliExpress platform will access PayPal as an overall merchant without the need for merchants to open PayPal accounts. GRADUALLY COVERAGE BEGAN  IN LATE SEPTEMBER . II. Main contents: The changes will have the following advantages : Expand buyer coverage:  PayPal will cover more countries and buyers. It is expected to attract more new buyers, and PayPal will bring more transactions. Conversion efficiency improvement:  MOR PayPal buyers do not need to pay handling fees, and the payment experience will be greatly o...