26 November 2015

Home Depot to roll out PayPal in-store payments nationally

29 February 2012  |  7782 views  |  0 PayPal logo

US retailer Home depot is to roll out Paypal's in-store payment system nationwide following a six-week trial at five pilot stores.

Paypal is hailing the national roll-out to all 2000 Home Depot locations as a vindication of its strategy for mobile payments on the high street.

PayPal has eschewed the use of NFC technology at the till, maintaining that the tech is years away from attaining mainstream critical mass.

At Home Depot, customers can either swipe a PayPal-issued card to pay for in-store purchases, or enter a mobile phone number and PIN into the point-of-sale terminal.

Don Kingsborough, VP of retail and pre-paid products, PayPal, says: "Within the next two weeks, every The Home Depot store in the US will be equipped to accept payments from customers using a PayPal card, or mobile phone number and PIN combination."

Paypal has not disclosed the volumes processed during the initial pilot run.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

21 February, 2012
10 February, 2012
17 January, 2012
13 January, 2012
09 January, 2012
20 December, 2011
25 November, 2011
04 October, 2011
15 September, 2011
21 July, 2011
07 July, 2011
30 June, 2011
16 June, 2011

Related company news


Who is commenting?

Top topics

Most viewed Most shared
MIT to run fintech degree course
9113 views comments | 36 tweets | 14 linkedin
Coinbase issues Bitcoin debit card
8089 views comments | 17 tweets | 21 linkedin
UK banks hardest hit by non-bank money tra...
7993 views comments | 28 tweets | 31 linkedin
Apple Pay users given a free ride in Londo...
7876 views comments | 21 tweets | 29 linkedin
BBVA buys 29.5% stake in Atom for £45...
6991 views comments | 33 tweets | 40 linkedin

Featured job

Find your next job