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  (Source: venturebeat.files.wordpress.com)
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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RE: payment method
By Motoman on 5/15/2013 3:48:44 PM , Rating: 3
I wouldn't if it was PayPal.

But I have a Square unit myself. Use it on occasion for my small business...or whatever. Very handy and way better than the old merchant account that I had to pay a significant amount of money to have every month...even though on some months I wouldn't even use it at all.


RE: payment method
By fic2 on 5/15/2013 3:56:19 PM , Rating: 4
I can't believe that merchants would trust paypal since they have a history of screwing both the buyer and the seller.


RE: payment method
By Motoman on 5/15/2013 8:21:41 PM , Rating: 2
I can't believe that anybody, anywhere still trusts PayPal - or their inbred brother eBay.


RE: payment method
By ven1ger on 5/16/2013 6:44:35 PM , Rating: 2
Used to use Paypal for Ebay mostly years ago, but after all the problems people were reporting about Paypal, I decided that I didn't want to put my trust in them, so basically gave up on Paypal, though I'm not a seller, just a buyer.


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