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.
As 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."
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