Saturday, May 26, 2012

PayPal strikes deals to get into more stores

SAN FRANCISCO - PayPal unveiled new deals on Thursday that may help the online payment giant expand into more physical stores. Photo: PayPalPayPal, owned by eBay Inc, said it signed agreements with VeriFone Systems and Equinox Payments to get its payment technology on to their networks of checkout terminals. VeriFone and Equinox provide payment terminals that are used in stores run by many of the world's largest retailers. PayPal signed a similar deal with the other leading payment terminal

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