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EcommerceBytes-NewsFlash, Number 2713 - January 09, 2012 - ISSN 1539-5065  1 of 3 
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In a blog post on Friday, PayPal revealed that the pilot is currently being run in five Home Depot stores and involves a small number of PayPal employees. PayPal told the Wall Street Journal that shoppers are able to pay for items by typing in the phone number attached to their PayPal account and a personal-identification number into a payment terminal when checking out of participating Home Depot stores. PayPal will also issue a plastic card with a magnetic stripe to some shoppers that will be tied to their PayPal account. In July, eBay CEO John Donahoe had told analysts that PayPal would roll out point-of-sale with up to 20 national retailers this year, and in September, PayPal gave over 100 large retailers a sneak peak at the new point-of-sale payment technologies during a gathering in Los Angeles. |
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About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. |
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The Home Depot is testing PayPal at five brick-and-mortar stores and is the first retailer to participate in a limited pilot program for PayPal's new point-of-sale (POS) technologies. 
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