PayPal Will Be Expanding Mobile Payments Test To 51 Bay Area Home Depot Stores

PayPal recently revealed that it was testing an in-store payments technology both via mobile and point of sale systems on a ‘friends and family’ basis at Home Depot. Initially, the pilot was only for 5 stores. Today, on eBay's earnings call eBay President and CEO (and interim PayPal president) John Donahoe revealed that PayPal will be extending the pilot to 51 Home Depot stores in the San Francisco Bay Area. Basically, via the pilot customers (for now, this only applies to PayPal employees) are able to pay for items via their PayPal account at Home Depot’s point of sale systems. They can either use a pin code via their mobile phone or a specialized PayPal credit card that can be swiped, the payment amount will be deducted from their PayPal account.]]>

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PayPal To Open A Pop-Up Store In New York To Showcase New Payments Technologies

Exclusive-PayPal is going to be setting up a pop-up store in downtown Manhattan, New York to showcase some of the new tools and technologies the payments giant will debut in the next few months.The space will be located at 174 Hudson, which is located in the Tribeca neighborhood of Manhattan. Over the next 3 and a half months, PayPal will be inviting merchants to come visit the space where they will have the opportunity to get real-time demos of the technologies in realistic point of sale scenarios. The store, which will launch on November 1, will also feature a QR code for people passing by to scan and see more details on the PayPal's new technologies. ]]>

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PayPal On Barriers To Google Wallet: Mass Adoption Of NFC Is Years Away

As you may have read, Google officially launched its mobile payments platform Google Wallet recently, which allows you to pay for products in the real world by tapping your NFC-enabled Android phone against a compatible card reader. Shortly following the initial announcement of the technology in May, payments giant PayPal went on the offensive, filing a lawsuit against Google and two former PayPal executives who now are in charge of mobile payments at Google. Allegations of “misappropriation of trade secrets, and “breach of fiduciary duty” were thrown out against these individuals. Clearly, it's messy. While the lawsuit itself spoke volumes about PayPal's view on Google Wallet, the eBay-owned company has not really commented on Google Wallet over the past few months. Until now.We sat down with PayPal's director of communications, Anuj Nayar, who candidly gave me the company's opinions on Google Wallet and NFC technologies. We know that eBay and PayPal have a somewhat interesting view on NFC technology. In a recent earnings call, eBay CEO John jokingly said merchants refer NFC "not for commerce." But PayPal has dipped its toes in the NFC pool with support for Android, which Nayar explains as 'keeping an eye' on the technology.]]>

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