PayPal, Verifone Announce Partnership, Add Retailers
PayPal Thursday announced that it has reached an agreement with Verifone to bring PayPal's new payment system into more retail stores. Verifone is one of the top manufacturers of point-of-sale equipment.
The involved retailers include Abercrombie & Fitch, Advance Auto Parts, Aéropostale, American Eagle Outfitters, Barnes & Noble, Foot Locker, Guitar Center, Jamba Juice, JC Penney, Jos. A. Bank Clothiers, Nine West, Office Depot, Rooms To Go, Tiger Direct and Toys “R” Us, PayPal said on its official blog.
"This agreement will connect VeriFone's massive retail POS footprint with millions of loyal PayPal customers, giving PayPal unprecedented access to over a million high-volume checkout lanes," Verifone said in a statement.