Sunday January 22, 2012

Office Depot Tests PayPal's New Point-of-Sale System

Right on the heels of Home Depot, Office Depot is next in line to test out the PoS system from PayPal. Home Depot began testing the system earlier this year. Paypal expects to expand the service to 20 major retailers across the US by the end of the year.

PayPal's "wallet in the cloud" initiative lets shoppers who have a PayPal account pay by simply typing their mobile numbers and PINs at checkout counters. They can also pay by swiping a PayPal card and entering a PIN.