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January 10, 2012 10:59 pm GMT
Exclusive: We've received more details on how PayPal will be scaling its in-store payments technology at major retailers. As we reported last week, PayPal is currently testing the mobile payments and point-of-sale integrations at Home Depot on a friends and family basis, in five stores. Today, we've learned that PayPal is partnering with AJB Software, a company that provides point-of-sale software to large brick and mortar retailers, to integrate the online payments giant's technology into their offerings.AJB basically provides a communications gateway that connects a retailer's point-of-sale system with financial institutions. Over 140 large-scale retailers includingKohl's and BestBuy use AJB's software to manage payments. In a nutshell, the partnership allows an easy way for big box retailers to offer consumers a way to pay via PayPal in their stores.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0AZ3xY5DISg/
PayPal Partners With Point-Of-Sale Software Company AJB To Scale In-Store Payments Option To Big Box Retailers
Exclusive: We've received more details on how PayPal will be scaling its in-store payments technology at major retailers. As we reported last week, PayPal is currently testing the mobile payments and point-of-sale integrations at Home Depot on a friends and family basis, in five stores. Today, we've learned that PayPal is partnering with AJB Software, a company that provides point-of-sale software to large brick and mortar retailers, to integrate the online payments giant's technology into their offerings.AJB basically provides a communications gateway that connects a retailer's point-of-sale system with financial institutions. Over 140 large-scale retailers includingKohl's and BestBuy use AJB's software to manage payments. In a nutshell, the partnership allows an easy way for big box retailers to offer consumers a way to pay via PayPal in their stores.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0AZ3xY5DISg/
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