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PayPal's (EBAY +1%) partnership with Discover (DFS +0.1%) will launch on April 19. That's well...
PayPal's (EBAY +1%) partnership with Discover (DFS +0.1%) will launch on April 19. That's well ahead of a prior eBay forecast for the end of Q2. The tie-up will allow PayPal users to make payments using a phone number and a PIN at ~2M stores handling Discover cards - that's almost certainly playing a role in MasterCard's sudden interest in digital wallet fees. But questions remain about whether users will embrace the concept - cashiers at a Home Depot carrying out a PayPal trial report even early adopters sometimes went back to card-swiping, viewing it as more convenient.
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