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PayPal testing in-store payments with McDonald's

20 Aug 12 - - Partnership DealsNew ProductsNew TechnologyUSA
M-payments deal

PayPal is testing an m-payments deal with McDonald's that will enable customers to place orders using the fast-food chain's smartphone app and make purchases using PayPal. The partnership follows a test in Orlando earlier this year and is currently running in 30 of McDonald's French restaurant outlets, with the firm saying the technology could be available "within the next 24 months or so". PayPal already has similar deals with 15 major retailers including Home Depot and Toys R Us, but sealing a partnership with McDonald's, which has more than 30,000 stores worldwide, would be a major coup for the firm. The move comes shortly after Square joined forces with Starbucks to power payments in store, as m-payment firms progressively jussle for merchant partnerships.

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