Printed from http://www.electronista.com

PayPal popup store to open in New York, demo POS tech

updated 01:35 pm EDT, Tue October 4, 2011

Standalone mini-store in Tribeca for 3 months

PayPal will open a popup store in the trendy Tribeca neighborhood in Manhattan to showcase its point-of-sale features. PayPal will invite local merchants to visit the store, located at 174 Hudson, to see real-time demos of the company's payment processing technology for bricks and mortar stores. The store also features a QR code on the storefront window so pedestrians can learn more about the new payment options. In addition to handling payments, PayPal's new system is expected to allow consumers to check inventory in real-time, and provide location-aware and in-store offers from stores.

PayPal announced in September that it would roll out a comprehensive solution for in-store merchants to manage payments from customers, whether in-person, online, or from a mobile device. Parent company eBay recently completed the purchase of mobile payment specialist Zong to give it an option similar to Square.

The new technology will make its debut with physical payment "gateways" at selected retail partners. The three and a half month run for the PayPal popup store will start November 1.

[via TechCrunch]



PayPal storefront in Tribeca, Manhattan




By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Adesso Xtream S3B Bluetooth speaker

Finding a speaker purpose-built for a specific need is challenging. Even when a Bluetooth speaker can be paired with a mobile device, ...

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News