Discover partners with 50 merchant acquirers to expand PayPal’s in-store acceptance outlets

Thu, May 2, 2013: Discover Financial Services, a direct banking and payment services company has signed contracts with 50 merchant acquirers including WorldPay, Global Payments and TSYS, to extend PayPal’s in-store acceptance to more than 2 million merchant outlets by the end of 2013.

The milestone comes eight months after PayPal announced its intent to create an innovative payment option leveraging Discover’s payments infrastructure to provide PayPal’s 55+ million active domestic account holders access to millions of retail stores, restaurants, gas pumps and more.

Author: VSDaily Editor

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