PayPal is Making Some Powerful Friends
The news out of eBay’s (NASDAQ:EBAY) PayPal surrounding its point-of-sale payment technologies just keeps getting better and better as it announces more and more avenues for the new technology.
Monday, PayPal announced the number of retailers that would offer its in-store payment service had reached twenty-three, with 12 of those 23 companies already accepting PayPal payments at about 18,000 brick-and-mortar stores throughout the United States. The variety of participating stores range from Foot Locker (NYSE:FL) and Abercrombie & Fitch (NYSE:ANF), to Guitar Center, to Toy “R” Us, to Spartan Stores (NASDAQ:SPTN) and Dollar General (NYSE:DG).
Tuesday, PayPal announced another partnership that could allow users to make payments from PayPal at another 60,000 locations. PayPal’s new buddy is NCR (NYSE:NCR), which makes point-of-sale technology and hardware and is working to integrate PayPal into several of its products. PayPal will also see functionality in some gas stations and convenience stores that use NCR’s technology…