PayPal Launches a Digital Point-of-Sale Solution for US Small Businesses
PayPal Holdings (NASDAQ: PYPL), the US-based online payments firm, announced on Wednesday the official launch of PayPal Zettle for the United States, a digital point-of-sale solution that enables small businesses to sell across in-person and online channels. According to the press release, small businesses could implement the new solution to accept a range of in-person payments thanks to the Zettle card reader.
With such a product, small companies could sell online and handle inventories, reporting payments, among other features. That said, PayPal Zettle will allow businesses to implement additional tools, from invoicing to the business debit card offered by the payments firm giant. “Consumers want seamless and integrated digital experiences no matter where they shop. As a result, small businesses need access to omnichannel payment and commerce tools to help them effectively compete and meet their customers wherever they are – in-person, online, and in-between. We believe in the power of small businesses, and we will leverage PayPal Zettle to better serve in-person businesses and enable them to go digital seamlessly,” Jim Magats, SVP, Omni Payments, PayPal, commented.
Bank Account Alternative. Business Account IBAN.
Companies Already Using the New Solution
The US-listed payments company also stated that firms like Speakcheesy, The Bullpen, and Windybush Hay Farms are already using the new solution launched. Moreover, PayPal Zettle is now available to all small businesses located in the United States, which can purchase their first card reader for $29, with additional readers listed for $79.
“PayPal Zettle’s complete point-of-sale integration with BigCommerce empowers our merchants to operate in a truly omnichannel ecosystem, connecting their digital operations with their offline business in a simplified way, saving time and most importantly, giving our merchants greater control over their business,” Mark Rosales, Vice President, Business Development and Payments, BigCommerce, said about the newly-launched payment solution.
Finance Magnates recently reported that PayPal participated in the latest $300 million Fund V by Blockchain Capital.
Source: Read Full Article