Big Retail Partners Sign on to Pay With PayPal

0

PayPal today moved aggressively to place its
technology at point-of-sale terminals at major U.S. retailers, signing
deals with Verifone and Equinox Payments, and announcing 15 new retail
partners.

In the coming weeks, a total of 15 retailers will all implement PayPal
payment options at the point of sale, including Office Depot, Barnes
& Noble, Jamba Juice, Foot Locker, Guitar Center, Tiger Direct,
Aeropostale, Nine West, and JC Penney.

In part, that will be driven by new partnerships that PayPal struck with
with terminal and applications provider Equinox Payments, plus
international payments giants Verifone and Ingenico, the No. 1 and No. 2
point-of-sale terminal vendors in the world. Verifone claims to power
80 percent of the top 200 largest retailers in the U.S., giving PayPal a
strong wedge into U.S. retailers.

Read more…