PayPal scores access to NCR's mobile payment customers
PayPal is partnering with retail and hospitality services firm NCR to offer consumers new mobile payment options at restaurants and retail stores.
NCR will integrate PayPal mobile transaction capabilities into its NCR Mobile Pay application, which enables restaurant patrons to browse their bill, re-order menu items, alert their server and pay their tab via smartphone. PayPal will now appear as a payment option alongside credit and debit cards. The companies are also working to incorporate PayPal services into NCR's Convenience-Go app for gas stations and convenience stores, allowing consumers to purchase fuel, food, car washes and other items at the pump or inside the store directly from the app.
NCR will additionally add PayPal support to its Advanced Marketing Solution loyalty and offer management system, enabling consumers to check in at partner locations to view and redeem digital coupons and special offers.
NCR serves 1.2 million retail point-of-sale systems and more than 100,000 self-checkout units worldwide, spanning across the quick-service and fast-casual restaurant verticals as well as the fuel and convenience segments.
The NCR partnership follows the announcement that eBay-owned PayPal is extending its fledgling mobile wallet service to five additional U.S. retail partners, increasing the number of physical stores supporting the payment processing technology to 18,000. PayPal launched the mobile wallet early last year, allowing consumers to connect their existing PayPal account to their mobile device and fund purchases by entering their phone number and PIN into the retailer's existing point-of-sale terminal. The service also features price comparison and shopping list tools as well as support for coupons and offers.
Beginning later this year, Discover will enable all of its 7 million existing merchant partners across the U.S. to accept PayPal transactions. The firms are also negotiating to extend the alliance to Discover's international payments network.
PayPal's mobile commerce initiatives also include PayPal Here, introduced in March, which enables small businesses and other users to process credit and debit transactions by swiping the card through a small, triangle-shaped dongle that attaches to their smartphone or tablet. Users also can access their mobile device's camera to scan and process cards and checks. PayPal handled more than $10 billion in mobile payment transactions in 2012, an increase of 150 percent over the previous year.
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