PayPal Adds 7 New Bricks-and-Mortar Retailers

It's also working with Jamba Juice on an online ordering system

   

PayPal Adds 7 New Bricks-and-Mortar Retailers

PayPalPromo PayPal Adds 7 New Bricks and Mortar RetailersPayPal, the online payment system owned by eBay (NASDAQ:EBAY), announced today that it has signed up seven more storefront retailers to its payment system.

In all, the firm has 23 major retailers, with more than 18,000 stores, signed up, TechCrunch reports. Customers in those stores wishing to pay via PayPal can either use a PIN code or a special PayPal credit card for swiping. The amount is then deducted from the customer’s existing PayPal balance.

Also announced is a pre-ordering system for smoothie-maker, Jamba Juice (NASDAQ:JMBA). Customers can order and pay online and have their items ready for pick-up.

Here are five of the new stores signing up for PayPal services:

  • Famous Footwear (NYSE:BWS)
  • Dollar General (NYSE:DG)
  • Mapco Express (NYSE:DK)
  • Radio Shack (NYSE:RSH)
  • Spartan Stores (NASDAQ:SPTN)

The two others weren’t named.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/01/paypal-adds-7-new-bricks-and-mortar-retailers/.

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