Barnes & Noble, Foot Locker, JC Penney and others join Home Depot in the grand project.
PayPal, like so many others in the market - Google, operators, credit card issuers, multitudinous start-ups - is trying to build a service that links online/mobile purchasing with transactions that take place in the 'real world'.
Thus, in February, it confirmed a deal with Home Depot that gives consumers the opportunity to pay with a PayPal card or phone app in 2,000 stores.
It's now extended this to 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.
PayPal has also made deals with POS systems maker ERPLY, which adds to partnerships that give PayPal access to over 40 million terminals.
Here's how it works: Stores that use the ERPLY software create a PayPal account, which connects to a customers PayPal app. To pay, users 'check-in' to the store, and when at the register, the cashier can process the payment once they have identified the customer by face.
It all sounds almost identical to Pay With Square, the service launched by card reader firm Square last year.
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So, eBay's just bought PreyPal's way into another 15 retailers. What a total waste of eBay shareholders' funds; and, don't any of these retailers research anything before they enter into agreements with such clunky operators?
Read about it and weep, John Donahoe ...
In addition to Visa’s V.me, there is now MasterCard’s PayPass digital wallet soon to arrive; another perfectly logical extension to the real banks’ traditional, professional, payment processing systems (and you don’t have to ditch the plastic) …
Goodbye clunky PreyPal, I can’t say that it has been nice knowing you …
“When Do We Start Calling eBay A [Failed] Payments Company?”
http://forums.auctionbytes.com/vbulletin/showthread.php?t=24590
And, just for a laugh then, some comment on PayPal’s off-eBay products: "The New Way To Pay In-Store" (at Home Depot), PayPal Here, SmartPay, PayPal Digital Wallet, PayPal Debit MasterCard, PayPal Local and Watch With eBay ...
http://forums.auctionbytes.com/vbulletin/showthread.php?t=24611
eBay / PayPal / Donahoe: Dead Men Walking
Philip Cohen May 29th 2012 at 3:15AM
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