08 December 2016
Visit aciworldwide.com

PayPal signs 15 retailers to in-store payments; Groupon tests mobile payments

25 May 2012  |  9499 views  |  0 PayPal Verifone

PayPal has continued its assault on the bricks-and-mortar world, signing 15 major US retailers to its in-store payment system.

Having secured deals with terminal manufacturers VeriFone, Equinox and Ingenico to ensure retailers can easily offer PayPal options to shoppers, the e-commerce giant has moved to bring high street names on board.

Abercrombie & Fitch, Advance Auto Parts, Aéropostale, American Eagle Outfitters, Barnes & Noble, Foot Locker, Guitar Center, Jamba Juice, JC Penney, Jos. A. Bank Clothiers, Nine West, Office Depot, Rooms To Go, Tiger Direct and Toys "R" Us have all signed up.

This means their customers will be able to use PayPal Access cards to pay for in-store purchases, or enter a mobile phone number and PIN into the terminal.

The new partners join Home Depot, which went from a five store pilot test to a full rollout to their nearly 2000 locations in two months earlier this year.

In a blog post, David Marcus, president, PayPal, says: "With PayPal, retailers don't need to rip and replace, install NFC or conduct a massive upgrade to bring innovation to their customers. PayPal works seamlessly with a retailer's existing point of sale hardware. This simple integration allows consumers to pay quickly, easily and securely."

Separately, a new rival to PayPal Here - which turns mobile phones into card readers - could be on the horizon, with coupon outfit Groupon testing its own version, according to Bloomberg.

Citing a person with knowledge of the matter, Bloomberg says Groupon has placed a reader, manufactured by Infinite Peripherals, with dozens of merchants in the San Francisco Bay area.

The company is entering a crowded market, taking on not just PayPal but also VeriFone, Intuit and Jack Dorsey's Square.

KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

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

Related stories

PayPal Here signs up 200k merchants in weeks

PayPal Here signs up 200k merchants in weeks

04 May 2012  |  11402 views  |  0 comments
PayPal ditches Web label as it makes play for high street transactions

PayPal ditches Web label as it makes play for high street transactions

05 April 2012  |  8032 views  |  0 comments
PayPal names mobile man David Marcus president

PayPal names mobile man David Marcus president

29 March 2012  |  6471 views  |  0 comments
PayPal launches Square rival

PayPal launches Square rival

16 March 2012  |  11564 views  |  4 comments
Home Depot to roll out PayPal in-store payments nationally

Home Depot to roll out PayPal in-store payments nationally

29 February 2012  |  8145 views  |  0 comments
Ingenico brings PayPal option to POS terminals

Ingenico brings PayPal option to POS terminals

17 January 2012  |  9308 views  |  2 comments
PayPal partners Home Depot to trial POS tech

PayPal partners Home Depot to trial POS tech

09 January 2012  |  8424 views  |  3 comments
PayPal goes after the high street

PayPal goes after the high street

15 September 2011  |  13718 views  |  1 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit contisgroup.comFind out moreVisit aciworldwide.com

Who is commenting?

A Finextra member Finextra Member Commented on: Payments regulator blo...
A Finextra member Finextra Member Commented on: Payments regulator blo...

Top topics

Most viewed Most shared
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
7549 views 12 comments | 15 tweets | 27 linkedin
OCC to offer fintech firms bank charter statusOCC to offer fintech firms bank charter st...
7161 views comments | 25 tweets | 15 linkedin
China tops world fintech rankingsChina tops world fintech rankings
7014 views comments | 35 tweets | 30 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6341 views comments | 19 tweets | 20 linkedin
Big tech policy group calls on Trump to promote fintech innovationBig tech policy group calls on Trump to pr...
5761 views comments | 22 tweets | 11 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job