PayPal tests its PoS technology with Home Depot

Paypal employees can pay by accessing their accounts by entering their mobile numbers and ID or alternatively swipe a card associated with the account. Initially, the trial will be limited to just 5 stores of the US retail giant, and PayPal has yet to announce when it would roll this service out en masse.

This move comes as it builds up its forage into the mobile wallet sector, heavily weighted by the MasterCard PayPass and Visa PayWave as alternative options, which are already available across the country.The news also follows the former president’s move to become CEO of Yahoo, which is undoubtedly a move showing the multinational corporation’s lean towards the payments market.

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