August 18, 2012

PayPal Is Testing Out Mobile Payment at McDonald’s Restaurants

paypal-is-testing-out-mobile-payment-at-mcdonalds-restaurants.png Reuters reports that PayPal is in the early stages of what may be a blockbuster mobile payments deal with McDonald's Corp, the world's biggest hamburger chain.

quotemarksright.jpgMcDonald's is testing a mobile payments service featuring PayPal at 30 of its restaurants in France.

PayPal is racing against start-up Square Inc and other technology companies to become the mobile payments service of choice as consumers increasingly use smart phones to make purchases in shops, restaurants and other retail locations.

Square struck what could be its most important partnership to date last week when it teamed up with Starbucks Corp, the world's largest coffee chain.quotesmarksleft.jpg

Reuters via Gizmodo

emily | 8:45 AM | Mobile Payments | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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