Saturday, 23 July 2011

PayPal goes offline

Not content with being the platform of choice for online payments,
eBay's PayPal plans to move into offline payments. According to Chief
Executive John Donahoe, the company will be trialling a point-of-sale
system towards the end of this year. If the trial is succesful, they
plan to release the service in up to 20 major US retailers. Donahoe
said:

"We intend to help retailers grow their businesses offline in the same
way we helped merchants grow online."

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