Mercury Payments Systems, a US payments processing company, has announced a collaboration with payments giant PayPal.
The collaboration combines PayPal’s digital payment technology with Mercury’s platform and extensive partner network.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAs a result of the partnership Mercury’s point-of-sale developers, value-added resellers and merchants will be able to offer PayPal in-store.
Matt Taylor, CEO Mercury, said: "By adding PayPal to our payment processing systems, and empowering our developer and reseller partners to offer PayPal to their merchant bases, we believe we have reached a tipping point for mobile and digital wallet payments."
The Mercury Network comprises 500 point-of-sale software vendors, 2,500 POS value added resellers. Mercury also has a base of 80,000 merchants. A number of POS developers, resellers, and merchants are already participating in the program.
Don Kingsborough, vice president retail, PayPal, said: "Our collaboration with Mercury is intended to help drive adoption of digital payments at the POS and will not only be broad, but will be a seamless step for these merchants to take.
Kingsborough continued: "Collaborating with industry leaders is key and working with Mercury and their vast network of developers and resellers will play a key role in our offline payment strategy."
Related articles
New partnership pushes for iPad POS solution in Europe
PayPal tests retail schemes in Australia and Amsterdam
VeriFone simplifies payments for US Merchants and Service Providers
