PayPal Tops Target With 23 National Retailers on Board
PayPal announced today that it has successfully signed up 23 large national retailers to enable in-store PayPal payments for their customers.
After announcing in May 2012 that the eBay- owned company had reached agreements with 15 national retailers, PayPal said it would bring the total to 20 by end of 2012. Today it announced it had topped that goal, with 23 large national retailers, for a total of 18,000 stores around the United States.
PayPal's partners now include the following companies, plus two soon-to-be-announced additions:
- Famous Footwear (owned by Brown Shoe )
- Dollar General
- Mapco Express (owned by Delek )
- Spartan Stores
- Abercrombie & Fitch
- Advance Auto Parts
- American Eagle Outfitters
- Barnes & Noble
- Foot Locker
- Guitar Center
- The Home Depot
- Jamba Juice
- J.C. Penney
- Jos. A. Bank Clothiers
- Nine West
- Office Depot
- Rooms To Go
- Tiger Direct
- Toys "R" Us
In a blog post published today, Vice President of Retail Services Don Kingsborough wrote, "This is an exciting time at PayPal because our path to enabling people to pay with PayPal in the store has now gone from a vision to a reality. We are executing on our vision of cloud-based payments to enable true convenience across any channel from your laptop to your smartphone or the store."
The article PayPal Tops Target With 23 National Retailers on Board originally appeared on Fool.com.Justin Loiseau has no position in any stocks mentioned, but he did just buy a coffee using competitor Square's device. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.
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