PayPal seems to be moving into brick and mortar payments.
US-based retailer Office Depot has commenced a testing trial with
PayPal’s new POS.
The system, a white-cloud, allows consumers
with PayPal accounts to make in-store purchases with their mobile
phones and PINs as well as a PayPal card.
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The new PayPal-Office Depot partnership comes
after Cards International reported earlier this year that
PayPal signed Home Depot to pilot its m-payment system.
Kevin Peters, president of Office Depot’s
North American unit said the implementation would be gradual,
Reuters reported.
“At this point, we are walking very, very
slowly. The last thing we want to do is to roll out technology that
doesn’t appreciably change the customer experience.
“It’s in a small number of stores … because there are still some
rough spots in that experience. There are some limitations on who
can use it, service carriers that support that.”
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By GlobalDataSo far only Home Depot and Office Deport have enrolled with the
PayPal system, which the company unveiled in September last year
and eventually plans to deploy at 20 US retailers by the end of
2012.
