January 6, 2012
PayPal’s new brick-and-mortar POS technology has found its first home.
“It’s true that The Home Depot is the first retailer to roll out a limited pilot program for our new POS technologies,” wrote Anuj Nayar (Director of Communications, PayPal) on the company’s official blog. “We frequently run trials with our retail partners. The Home Depot pilot is currently being run in five stores and involves a small number of PayPal employees.”
In addition to payments and checkout, features of PayPal’s POS pilot, according to TechCrunch, also include in-store and location-based offers.
Last year, PayPal showcased its POS program at a pop-up shop in Manhattan with the goal of getting merchants on board. Nayar added that PayPal’s POS pilot would be premiering at other merchant locations in the near future. Click here to read the full blog entry.
(Related Analysis: PayPal’s Thompson to Take Reins at Yahoo)
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