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Thursday 31 May 2012

PayPal on the UK High Street – Four major retailers sign up

PayPal has signed deals with four major UK high street retailers that will see customers able to make in-store payments using their mobile phones. The service launches nationally on the 31st May 2012

PayPal customers in the UK will be able to use their smartphones to pay for their shopping at four major high street retail stores: Coast, Oasis, Warehouse, and Karen Millen.

Customers download the PayPal InStore app, link it to their PayPal account and set up a PIN for security. In store, the app generates a unique barcode and transaction number, which the shop cashier scans to take payment from the customer's PayPal account.