PayPal has added seven new retailers to its roster of US partners to test its in-store payments service (Reports StrategyEye). Shoppers can now use their PayPal credit card or a PIN code to pay for items in-store, as the firm looks to make greater headway among bricks-and-mortar retailers. The firm is also test-driving a new order-and-pickup feature at new partner Jamba Juice, where customers can pre-order a drink via their mobile devices, pay using their PayPal account and then skip the queue to collect their juice on arrival.
New partners include Famous Footwear, Dollar General, Mapco Express, RadioShack, Spartan Stores and two undisclosed retailers. The firm already boasts a number of US merchants among its partners, including Toys ‘R’ Us and Barnes & Noble.
In another big deal for the global payments industry this week, credit card firm Visa has inked a partnership with digital payments processor PayPal.
The five fintech startups joining credit card company’s Capital One’s new fintech accelerator in Nottingham have been named, including Credit Kudos, Multisense, Pariti, Warwick Analytics and WealRo.
Europe continues to see rapid adoption of emerging payment technologies as consumers in digitally savvy countries like Sweden and the UK continue to drive adoption of methods like contactless across the region. In our latest infographic we take a look at what the latest numbers tell us about the evolution of payments in the region and what they tell us about the future of cash, cards and contactless.
According to new research commissioned by global payments provider TNS, more than a quarter (28%) of people aged 25 to 34 have already made a biometric payment, and are leading the way in the take up of this new technology.