WorldPay US, a leading payments acquirer, has teamed with Discover Financial Services (DFS), a direct banking and payment services company with one of the most recognized brands in US financial services, to enable WorldPay's customers to accept PayPal In-Store Checkout at the brick-and-mortar locations of participating merchants.
WorldPay's customers will be among the first US businesses able to accept PayPal's innovative new mag-striped card that extends the speed, simplicity and security of the digital wallet already enjoyed by 50+ million active PayPal customers online to the face-to-face payment transaction.
"We are delighted that our relationship with Discover will enable business owners to expand their acceptance options with this innovative new payment product," said Tony Catalfano, President and CEO of WorldPay US. "What's particularly exciting is the possibility of seeing how the exceptional loyalty of PayPal customers translates into lasting benefit for business owners. Our expectation is it will help increase customer engagement and loyalty, which will hopefully translate into incremental sales for our merchants."
WorldPay customers will be able to begin accepting PayPal at the point of sale in the Spring of 2013.
"WorldPay has long been a valued partner of Discover and we are thrilled that they have chosen to be among the first to bring a highly innovative new product to a competitive, multi-channel payment marketplace," said Diane Offereins, President of Discover Payment Services