DULUTH, Ga. — Payment methods are evolving stateside where the California-based PayPal has partnered with the Georgia-based NCR Corp., to integrate a point-of-sale technology that will allow restaurant patrons to pay with a smartphone.
“Combining NCR’s broad hospitality and retail footprint with PayPal’s global customer base enables restaurants and retailers to redesign the consumer experience with mobile-enhanced shopping and payments while materially improving business processes and creating seamless consumer experiences across touch-points, locations and channels,” said John Bruno, CTO and EVP at NCR.
According to the NCR, its customer base includes eight of the 10 fastest-growing quick-service restaurants and fast-casual restaurant chains, 1.2-million retail POS systems and more than 100,000 self-checkout units. PayPal’s global customer base includes 117-million accounts and expects to process $10 billion in mobile payment volume in 2012.
The companies are also working to integrate PayPal mobile payment options into NCR’s Convenience-Go (C-Go) application for gas stations and convenience stores.