Print 28 comment(s) - last by ven1ger.. on May 16 at 7:06 PM

PayPal is looking to eliminate cash registers and wallets to create a digital payment ecosystem in retail

PayPal wants merchants to get rid of their traditional cash registers and opt for its new program: Cash for Registers. 

Cash for Registers will reward merchants who decide to trade in their cash register for a solution like PayPal Here -- which allows payments to be processed on-the-go via an iPad, iPhone or Android device. 

What will merchants receive for ditching their cash registers, exactly? PayPal will give them free credit, debit card, check, and PayPal processing for the remainder of the year (as long as they're a qualifying U.S. business). 

In addition to free processing, PayPal will spread the word about businesses who participate in Cash for Registers to its 55+ million U.S. (128 million worldwide) customers.

PayPal said it is partnering with ERPLY, ShopKeep, Vend and more in order to launch the service. 

While it doesn't launch til next month, businesses can sign up for it here

Source: PayPal

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By spamreader1 on 5/15/2013 2:48:49 PM , Rating: 3
Yea, won't be shopping at stores that won't take cash. Gas Stations yea maybe no biggie, restaurants, retail, etc. eh no.

RE: uh
By AntiM on 5/15/2013 4:26:55 PM , Rating: 2
Any retailer or vendor that requires me to have a Paypal account will lose my business. I always pay cash at convenience stores and restaurants. I refuse to have a Paypal account. It's hard enough just trying to keep a credit card account from being hacked.

RE: uh
By Cheesew1z69 on 5/15/2013 5:01:46 PM , Rating: 1
Where do you get the impression they aren't going to take cash?

RE: uh
By Fritzr on 5/16/2013 12:12:22 AM , Rating: 2
It couldn't possibly be the title or the constant references to toss the cash register and get free PayPal processing...

Naw, that couldn't have anything to do with people thinking this offer is asking vendors to toss the cash register.

RE: uh
By Cheesew1z69 on 5/16/2013 1:19:55 AM , Rating: 1
That's an absolutely silly assertion, people take cash all the time without a cash register...

RE: uh
By Cheesew1z69 on 5/16/2013 1:58:15 PM , Rating: 2
Rated down, again, for truth. Wow, pathetic.

RE: uh
By xti on 5/16/2013 5:03:44 PM , Rating: 2
i love miles, so I am the other way around. if you dont take my visa, ill just buy it from someone who does.

your money should make you (more) money.

"Let's face it, we're not changing the world. We're building a product that helps people buy more crap - and watch porn." -- Seagate CEO Bill Watkins
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