Colo. ISO Adds PayPal at POS for Merchants
Aug. 22, 2013
On Tuesday, PayPal and Mercury Payment Systems revealed a partnership the companies believe will increase mobile wallet adoption by beefing up PayPal’s brick-and-mortar presence. Under the agreement, Mercury’s 80,000 merchants will be able to accept PayPal at the point of sale through its network of POS developers and resellers.
PayPal’s point-of-sale offering leverages account information in the cloud and consumers can pay at the counter in a variety of ways: tapping an NFC-enabled mobile device, entering their mobile number on a keypad or swiping a linked PayPal card. PayPal continues to add merchants to its roster that accept the online pioneer’s in-store alternative.
“At PayPal, we believe that new payment methods that add convenience and ease to consumers’ daily lives should be usable at merchants of all sizes, everywhere,” said Don Kingsborough, vice president of retail at PayPal. “Our collaboration with Mercury is intended to help drive adoption of digital payments at the POS and will not only be broad, but will be a seamless step for these merchants to take. Collaborating with industry leaders is key and working with Mercury and their vast network of developers and resellers will play a key role in our offline payment strategy.”