EBay’s PayPal is testing in-store payments in five Home Depot stores, as PayPal attempts to expand into the offline world of brick and mortar stores. The in-store payment system allows shoppers to make purchases without cash or a physical credit card, and instead use PayPal by typing in their phone number and personal identification number into a payment terminal.
Implications: Electronic payment systems will continue to expand and improve throughout 2012.
Cultural Macrotrend: Technomorphing
via CNBC and bizjournals
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