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.
“It’s time to drive through the front window of financial services” – Tandem Bank, Azimo co-founders
An auspicious dinner threw Michael Kent and Ricky Knox together at business school more than a decade ago, laying the foundations of a business partnership that would see the pair create financial tech companies remittance firms Small World FS, Azimo and most recently challenger bank Tandem.
In a week when Sainsbury's finally revealed it will go contactless this year and when Eurovision said it will be cash-free and payment wearable full, it shouldn't come as a surprise that new data from Visa Europe confirms contactless payments' dominance in Europe.
The recent hypothesis that creating economic growth and investment opportunities in many parts of the world is, according to some governments, the responsibility of business – in particular small and medium sized companies (SMEs).
Opportunities to write about the Eurovision Song Contest are far and few between in the world of payments, but that ends today with news Gemalto and Visa are teaming up to hand out contactless payment wristbands at the show this year.