28 May 2015
Your browser is unable to support Flash files.

PayPal comes to UK high street; AmEx extends Foursqare discount check-ins to UK

30 May 2012  |  9553 views  |  1 barcode

PayPal has inked deals with four major UK high street retailers that will see customers able to make in-store payments using their mobile phones.

Launching tomorrow for iOS and Android devices, the PayPal InStore app can be used in 230 Coast, Oasis, Warehouse and Karen Millen stores.

Customers download the app, link it to their PayPal account and set up a PIN for security. In store, the app generates a unique barcode and transaction number, which the shop cashier scans to take payment from the customer's PayPal account.



The UK partnerships come days after PayPal signed 15 major US retailers to another in-store payment system as it steps up its assault on the bricks-and-mortar world.

Separately, American Express is extending its successful US partnership with Foursquare to the UK, enabling participants to check in to participating merchant venues over Twitter and collect special deals on purchases. AmEx has secured £10 and £5 discount deals with a number of top high street retailers for the launch, including Bella Italia, Cafe Rouge, Eat, House of Fraser, Nando's, PizzaExpress, Primark, Strada and Tesco.
KeywordsEFTPOS

Comments: (1)

A Finextra member | 05 June, 2012, 10:10

I did not get it :(

Does PayPal user creates a trnx number for a spesific amount? Or the barcode pays any amount that merchant sends to PayPal?

Besides which developments should have the merchants set into their payment systems?

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
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

25 May, 2012
24 May, 2012
15 May, 2012
04 May, 2012
05 April, 2012
07 March, 2012
01 March, 2012
29 February, 2012
13 January, 2012
20 December, 2011
30 June, 2011
16 June, 2011
07 March, 2011

Related company news

 

Top topics

Most viewed Most shared
UK opts out of European online payments se...
7638 views comments | 22 tweets | 17 linkedin
Bigger banks may have to set up their own...
6466 views comments | 41 tweets | 33 linkedin
JPMorgan Chase puts data to use with new t...
4666 views comments | 16 tweets | 7 linkedin
Postbank trials HCE mobile payments
4659 views comments | 9 tweets | 8 linkedin
Visa Europe opens innovation hub in Israel
4201 views comments | 17 tweets | 8 linkedin

Featured job

up to £100K base, commission, benefits
London, UK

Find your next job