alex

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PayPal tests in-store payments with Home Depot

Posted in News on Jan 9th 2012

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eBay Inc's PayPal unit, which allows consumers to pay for goods online, is running a trial of in-store payments with Home Depot, one of the largest retailers in the U.S., a spokesman said on Friday.

A pilot program for PayPal's new point-of-sale, or POS, technologies is being run in five Home Depot stores and involves a "small number" of PayPal employees, the PayPal spokesman Anuj Nayar added.

PayPal tests in-store payments with Home Depot

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fszcze
Commented on Jan 15th 2012

This doesn't seem necessary. You can request a PayPal Debit Card, so why PayPal would have to test something like this seems unnecessary.

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alex
Commented on Jan 15th 2012

@fszcze Very true, but much like NFC technology found with Google Wallet, it seems PayPal is attempting to skip the need for a device or card all together.

The pilot program by PayPal and Home Depot utilizes phone numbers as payment credentials. It is among many other payments technologies that the company is supposedly testing - guess they are seeing which one is best.

http://www.mybanktracker.com/bank-news/2012/01/10/paypal-testing-retail-payments-phone-numbers/

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