We are excited to be the first newsagency in Australia to offer PayPal as a fully integrated payment method.
Using their new App, PayPal customers will be attracted to the business through the app – this is a key element of PayPal engagement – promoting your business.
The PayPal integration shows how professional app / POS software integrations should be done (note Bauer).
There will be a more formal launch once we’re through this live testing phase. PayPal has some exciting ideas for promoting the business.
Yes but Pay Pal is in my view dying as EFT takes over. It is just as easy and FREE.
Paypal dying … ? Its intergrated into online stores more than ever.
I’m not sure what you mean by EFT? Are you referring to a bank transfer or EFTPOS?
If you’re referring to direct deposit bank transfers then I’d suggest that this payment method is dying. Its slow and clunky.
If you’re referring to EFTPOS then you might be correct in regards to mobile-integrated NFC. However the technology is only in the early roll out stages.
Id have to agree with Jarryd. EFT, if referring to Bank Transfers is no where near as secure as Paypal.
nice Mark, next stop bitcoin?
Electronic Funds Transfer (Not EFTPOS) Bank Transfers, Bank A/C direct to Bank A/C. I pay all bills this way except for the occasional malcontents like network where I am forced to use Bpay.
I average about 6 EFT payments a day to my bank A/C with over 30+ payments a day at statement time. It all costs zero and I have not have any major problems yet. All my magor Sub Agent A/Cs use it.
I do not use cheques to pay bills (I last wrote one 18 months ago). I hate cashing them as percentage wise they cost more than EFTPOS especially for small amounts..
PayPal is not dying. In fact, it’s a retailers friend given how their app attracts shoppers to your store.
EFT is not in the same league as what Paypal offers. Instant payment option plus the major selling point is notifications on their phone as they walk past your store! This is the future 2 years ago which means it is here today.
You’re right Chris. Using this thing sells you. What makes it very current is the new PayPal app released in recent weeks – very advanced.
Peter you’re living in the past. Quit living in the past.
I Like it, but aren’t the fees for paypal high?
Mark, could you post some info about how Paypal works in the real retail environment? I use it endlessly online and have the app on my phone but I don’t quite understand how it functions around my shopping strip. I did have someone pay using their phone (pay wave) the other day instead of a card, that was a first for me!
May I’ll put together something including photos showing it in action. Give me a few days.
Looking forward to learning about this at this at the Tower seminar on the 20th.
Now if only they weren’t such a dodgy company.
Dean, The fees at this stage for Tower retailers will be around 2% mark. Given there is not added eftpos terminal rental fees etc its a good rate. Considering the promotion of your business.