InfoAnda - Exclusive: Office Depot tests PayPal's new point-of-sale system |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Film star Richard Todd dies at 90 | 5 December 2009
Small China quake forces evacuation of 65,000 people | | 2 February 2011
Beastie Boys' Yauch "hopeful" he has beaten cancer | 8 October 2009

U.N. tells Sri Lanka president of casualty concerns | International | | 28 April 2009

Forum Views () Forum Replies ()

Read more with google mobile : Exclusive: Office Depot tests PayPal's new point-of-sale system |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Geraldine Fabrikant Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Megaupload Founder Discovered in New Zealand Safe Room With Gun 1:26pm EST Supreme Court throws out Texas election maps 20 Jan 2012 Nigerian sect kills over 100 in deadliest strike yet | 1:30pm EST After threats, Iran plays down U.S. naval moves 10:58am EST Italy cruise disaster captain denies delaying alarm | 1:12pm EST Discussed 123 Romney opens 21-point lead in South Carolina: Reuters/Ipsos poll 116 Supreme Court rejects judge-drawn Texas election maps 112 Obama set to reject Keystone oil pipeline: sources Watched A dangerous walk to school Fri, Jan 20 2012 Bomb blasts hit Nigeria's Kano Fri, Jan 20 2012 Obama breaks into song at the Apollo Fri, Jan 20 2012 Exclusive: Office Depot tests PayPal's new point-of-sale system Tweet Share this Email Print Related News Disgruntled shoppers pelt Apple store in Beijing Fri, Jan 13 2012 PayPal tests in-store payments with Home Depot Fri, Jan 6 2012 Best Buy impresses with market share, profit view Fri, Jan 6 2012 December retail sales up, but discounts hurt profits Thu, Jan 5 2012 Yahoo names PayPal's Thompson as CEO Wed, Jan 4 2012 Analysis & Opinion Facebook’s new class of apps expand the social vocabulary Press Round-up – January 19 Related Topics Tech » A man shops at an Office Depot store in New York October 25, 2010. Credit: Reuters/Shannon Stapleton By Dhanya Skariachan NEW YORK | Sat Jan 21, 2012 3:49pm EST NEW YORK (Reuters) - Office Depot Inc, the second-largest U.S. office supply retailer, is testing PayPal's new point-of-sale system in a few stores, a top executive told Reuters. The news comes just days after eBay Inc's PayPal unit said it had started testing in-store payments in 51 Home Depot stores, as the online payments provider moves to expand into the physical world of brick and mortar. PayPal has talked about its plans to offer the service at 20 major retailers by the end of the year, but not named other chains participating in the initiative. "It's at this point in a small number of stores ... because there are still some rough spots in that experience. There are some limitations on who can use it, service carriers that support that," said Kevin Peters, president of Office Depot's North American unit. PayPal declined comment on Saturday. PayPal's "wallet in the cloud" initiative lets shoppers who have a PayPal account pay by simply typing their mobile numbers and PINs at checkout counters. They can also pay by swiping a PayPal card and entering a PIN. Office Depot's Peters said he was eager to experiment with anything that would help faster checkout in stores, but that the chain would take its time before rolling out the initiative to more stores. "At this point, we are walking very, very slowly. The last thing we want to do is to roll out technology that doesn't appreciably change the customer experience," Peters said. Home Depot is much more optimistic about the PayPal test. "We believe PayPal's solution has the potential to improve the checkout experience as we know it today by making it fast, secure and more convenient for the customer while providing savings for Home Depot," said Dwaine Kimmet, Home Depot's treasurer and vice president of financial services. "We intend to stay at the forefront of POS technologies like PayPal's in-store checkout using an empty hand interface," Kimmet said, adding that PayPal point-of-sale systems would help improve the checkout and customer service experience "all at a lower transaction cost than traditional payment networks." PayPal is a dominant player in online payments, with over 100 million users. But the business is trying to expand into offline payments, a much larger market, pitting the eBay unit against payments giants, including Visa Inc, MasterCard Inc and American Express Co. In September, PayPal pitched its new in-store payments system to about 120 retailers, including Sports Authority, at an event in Los Angeles. EBay CEO John Donahoe spoke about the initiative several times last year, but the company had not disclosed which retailers agreed to test it first. Donahoe told analysts on Wednesday the in-store point-of-sale trial was being rolled out at 51 Home Depot stores this week, mainly in California's Bay Area. During a conference call after eBay results, Donahoe said he bought a hammer and tape measure from a Home Depot in San Jose, California, without his wallet or cell phone. At checkout, the CEO pressed a "Pay with PayPal" option on the terminal, put in his mobile number and a PIN and "boom, I was done." In an interview with Reuters, Donahoe compared the point-of-sale, or POS, initiative to the early days of PayPal's Merchant Services business. PayPal used to be used almost entirely on eBay's main online marketplace. But about seven years ago, the service began to expand on other websites. That off-eBay business grew to annual payment volume of more than $70 billion in seven years, according to Donahoe. "If we get just 2 percent share of checkout at point-of-sale locations, that's another $70 billion business," Donahoe said. "That's the opportunity." (Reporting By Dhanya Skariachan in New York and Alistair Barr in San Francisco; Editing by Peter Cooney) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Sunday, 22 January 2012
Over 100,000 rally in Hungary to back govt in EU row |
Darfur peacekeeper killed, three wounded: U.N. |
Protesters storm Libyan government HQ in Benghazi |
FARC attack on Colombia radar delays flights, drug fight |
Exclusive: Office Depot tests PayPal's new point-of-sale system |
France Tel to stand firm on mobile pricing: CEO |
Protesters storm Libyan government HQ in Benghazi |
Newsmaker: Megaupload a story of Dotcom boom and bust |
Steve Jobs family absent from Disney board despite stake |
Bullied as a kid, Peter Jackson fights back on film |
Islamist insurgents kill over 178 in Nigeria's Kano |
Arab committee wants extended Syria mission: sources |
Yemen's Saleh says to leave for treatment in United States |
Exclusive: How Pakistan helps the U.S. drone campaign |
U.S. envoy says no decision on Taliban transfers |
Confrontation grows between Italy captain and ship group |
Thousands protest at immunity for Yemen's Saleh |
Deputy head of Libya's NTC quits after protests |
Mubarak still rules Egypt, defense tells court |
Ukraine's Yanukovich refuses to relent in Tymoshenko case |
Exclusive: Office Depot tests PayPal's new point-of-sale system |
The Artist wins over producers at Guild Awards |
Oprah Winfrey charms chaotic India at book event |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01