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PayPal and Discover Team Up on Payments

Aug 22, 2012, 7:47 AM by Eric M. Zeman

PayPal and Discover today announced a new partnership that will enable consumers to make retail purchases with their PayPal account. Discover has agreed to allow PayPal to fund retail purchases through its payment network at millions of stores across the country. Merchants will not have to upgrade their existing equipment to accept PayPal payments and consumers won't need anything more than their PayPal account credentials. The new payment venture is set to launch in April 2013.

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Comments

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johhnyrockws

Aug 22, 2012, 4:36 PM

Already Active at Home Depot

I was in Home Depot the other day and at the register on the keypad where I was about to slide my card there was an option to pay with my Paypal account. I signed into my Paypal account on the keypad finalized transaction and that was it. The cashier asked for my driver's license to verify I was who I claimed to be and that was it, and all went well.

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