24 October 2017

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

25 May 2012  |  9805 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  |  11761 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  |  8320 views  |  0 comments
PayPal names mobile man David Marcus president

PayPal names mobile man David Marcus president

29 March 2012  |  6861 views  |  0 comments
PayPal launches Square rival

PayPal launches Square rival

16 March 2012  |  12164 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  |  9374 views  |  0 comments
Ingenico brings PayPal option to POS terminals

Ingenico brings PayPal option to POS terminals

17 January 2012  |  9694 views  |  2 comments
PayPal partners Home Depot to trial POS tech

PayPal partners Home Depot to trial POS tech

09 January 2012  |  8699 views  |  3 comments
PayPal goes after the high street

PayPal goes after the high street

15 September 2011  |  14092 views  |  1 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.niceactimize.comvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20024 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15324 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11055 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9180 views comments | 15 tweets | 29 linkedin

Featured job

Find your next job