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

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News