PayPal signs on 15 national retailers for its mobile payment service
New York -- PayPal has confirmed partnership with 15 national retailers, including J.C. Penney, American Eagle Outfitters, Toys “R” Us and Foot Locker, for its mobile wallet service.
The other new retailers accepting PayPay’s payment service are Barnes & Noble, Office Depot, American Eagle Outfitters, Abercrombie & Fitch, Rooms To Go, Jos. A. Bank, Aeropostale, Foot Locker, Nine West, Jamba Juice, Guitar Center, TigerDirect and Advance Auto Parts.
“Consumers are relying on technology now more than ever to simplify their lives when it comes to shopping and paying, and retailers must adapt to this shift or risk becoming irrelevant,” PayPal CEO David Marcus wrote in a blog post about the initiative.
Earlier this year Home Depot began accepting PayPal in about 2,000 stores.
PayPal, a division of eBay, also announced deals with VeriFone Systems and Equinox to integrate PayPal functional into their payment terminals. The company previously signed a deal with POS terminal maker Ingenico, and now has access to close to 40 million payment terminals worldwide.