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Office Depot (ODP) is testing PayPal's (EBAY) new point-of-sale system in a few of its stores,...

Office Depot (ODP) is testing PayPal's (EBAY) new point-of-sale system in a few of its stores, according to a top executive. This follows news Home Depot is expanding its initial pilot test with an eye towards moving it into all stores this Spring. The system allows customers to purchase items without a card, instead using just their phone number and a PIN.
Comments (3)
  • good luck getting help from paypal when you have a problem.
    hope you like talking to yourself because you sure as heck won't get through to anybody at paypal.
    22 Jan 2012, 01:15 PM Reply Like
  • “When Do We Start Calling eBay A Payments Company?”

     

    http://read.bi/wojewE

     

    A picture is worth a thousand words, so they say. This “Business Insider” article contains a revealing graph of eBay revenues since 2003. It shows quite starkly how eBay’s Marketplace revenue has stagnated since 2008, about the time that the headless turkey, John Donahoe, got hold of the tiller and started his “destructive renovations”.

     

    So, it appears the eBay Marketplace has been stagnant since 2008. Conversely, Amazon’s marketplace has not stood still: it has consistently moved ahead in leaps and bounds; ergo the eBay Marketplace has effectively been in decline since 2008.

     

    eBay’s “take rate” improved in Q42011 simply because it is now charging its FVF on sellers’ shipping and handling costs. What is eBay next time going to come up with to again pull the wool over analysts’ eyes?

     

    The graph also shows the eBay-underpinning increases in revenue eBay has received from PreyPal during the same period, that is, from roughly when the “eBafia Don” effectively mandated PreyPal’s use on the eBay Marketplace. Business Insider apparently thinks therefore that eBay’s future lays in PreyPal.

     

    Well, if anyone thinks that the retail banks are going to let such a clunky, parasitic upstart as PreyPal—who after all does no more than ride precariously on the back of those banks’ own payments processing systems—continue to nibble away at the banks’ area of expertise for any length of time, all I can say is, dream on …

     

    Unfortunately for eBay’s chief headless turkey, Visa’s “V.me”, when it is up and running later this year, will put paid to whatever success that the clunky PreyPal has had outside of its mandated use on the eBay Marketplace—and soon thereafter both these unscrupulous and clunky entities will commence their long-deserved journeys down the gurgler.

     

    Scott Thompson abandons the struggling eBay for the struggling Yahoo
    http://bit.ly/ABIhYv

     

    PayPal claims PayPal Is Not a Payments Processor!
    http://bit.ly/nt60Dq

     

    eBay / PayPal / Donahoe: Dead Men Walking
    22 Jan 2012, 05:46 PM Reply Like
  • .Just for fun, a critical comment on “The New Way To Pay In-Store” with PreyPal

     

    http://bit.ly/yT7xP9

     

    eBay / PayPal / Donahoe: Dead Men Walking
    11 Mar 2012, 01:56 AM Reply Like
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