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PayPal Inks Deal With Discover, Giving Access to 7 Million Merchants

In another sign that mobile payments are going mainstream, PayPal on Wednesday announced a deal with Discover that will expand PayPal’s footprint to 7 million merchants next year.

Starting in April 2013, participating merchants who offer Discover will begin accepting payments from
PayPal’s 113 million active users. In a press releas

e, the companies said merchants won’t have to install
or upgrade existing point-of-sale hardware and software to accept the payments. Instead, in-store
signage will make customers aware of the capability. (mashable business, 8/22/12)

> Read full article

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Rence Winetrout

Rence Winetrout

Chief Digital Officer at AAXIS
Rence Winetrout brings nearly 20 years of experience leading Multi-Channel Commerce, Marketing, and e-Business initiatives for premium, global consumer brands in a wide variety of industries, including luxury goods, apparel, footwear, accessories, sporting goods, consumer electronics, and digital goods. Rence is the CMO and SVP of Commerce Strategy for AAXIS Commerce.
Rence Winetrout

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