Originally posted on VentureBeat:
[Note: The writer read Jack Kerouac's "Sea" poem over the weekend. Please excuse any and all maritime analogies today.]
PayPal announced today that 23 large national retailers are participating in its point-of-sale initiative. The service is now available at 18,000 retail locations around the United States.
PayPal extended its payment platform into real world stores in May of 2012. Shoppers enter their phone number and a pin code at the point-of-sale terminal during checkout instead of swiping their credit or debit card. This is useful for people who forget their wallets, are juggling children, or are active PayPal users who prefer to keep their transactions in one channel. My roommate Eric who wins PayPal money by playing games comes to mind. There are also opportunities to…
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