PayPal extends reach into physical stores
Home Depot and Dollar General are among a total of 23 national brand name retailers that now accept PayPal as payment in their physical stores.
PayPal announced plans to sign up a total of 20 large national retailers by the end of 2012. They closed the year with 23, which means shoppers will have the option of paying for purchases with PayPal at 18,000 physical stores around the United States.
Additional retailers include Famous Footwear, Mapco Express, RadioShack, Spartan Stores, Abercrombie & Fitch, Advance Auto Parts, Aéropostale, American Eagle Outfitters, Barnes & Noble, Foot Locker, Guitar Center, Jamba Juice, JCPenney, Jos. A. Bank Clothiers, Nine West, Office Depot, Rooms To Go, Tiger Direct and Toys “R” Us.
“This is an exciting time at PayPal because our path to enabling people to pay with PayPal in the store has now gone from a vision to a reality. We are executing on our vision of cloud-based payments to enable true convenience across any channel from your laptop to your smartphone or the store,” said Don Kingsborough, VP, retail services, PayPal.