PayPal Launches its All-In-One POS Solution for Small Businesses in the U.S.

The PayPal Zettle Terminal further strengthens PayPal's in-store offering, putting an entire store kit in the palm of small business owners' hands.

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the rollout of the PayPal Zettle Terminal to small businesses in the U.S. following its launch in European markets last year. Terminal is an all-in-one point-of-sale solution that offers increased mobility in-store for small businesses. With its sleek design, Terminal is ready to go right out of the box, with no need for a second device to pair it with. Featuring a touchscreen, this digital in-store solution is easy to set up and use, offering small businesses simplicity, speed, and mobility. Terminal comes with a pre-loaded SIM card, and its combined Wi-Fi and cellular connectivity means that small businesses are no longer dependent on fixed checkout points, making the checkout completely mobile. The seller is free to complete the entire checkout process, from start to finish, wherever the customer is on the shop floor, by the table, on the terrace, at the point of delivery, or anywhere where there's mobile coverage. Terminal can also include an integrated barcode scanner and can be attached to a dock that has a built-in printer for on-the-spot receipt printing. The in-store solution comes with the Zettle point-of-sale app pre-installed, and small businesses will get an integrated solution that not only helps them accept a range of fast and secure payments in person — including credit cards, contactless, digital wallets, and PayPal and Venmo QR Codes — but also helps them manage sales, inventory, reporting, and payments, all in one place. In addition, merchants will soon be able to access funds from their completed sales in their PayPal account typically within minutes, through a feature that PayPal is rolling out now. "We're excited to roll out Terminal our all-in-one, mobile point-of-sale solution to small businesses in the U.S. so they can meet their customers wherever they are, more effectively compete, and grow," said Ed Hallett Senior Director, SMB Solutions, PayPal. "With Terminal, we will help SMBs sell seamlessly in person, bring flexibility to the checkout process, and enable businesses to offer their customers choice when it comes to how they want to pay." Many small businesses in the U.S. are already seeing the benefits of using Terminal. "Terminal is much more convenient than our previous setup," said Jilian Heldt owner of Jilian's Produce. "We love using Terminal. The design is beautiful, I don't have to worry about renewing prepaid phones or charging more than one device, and I love not having a lot of cords all over the counter." The pricing for Terminal starts at $199 with additional features available for purchase. About PayPal PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 429 million active accounts in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

CONTACT: Grace Nasri , gnasri@paypal.com

Cision View original content: https://www.prnewswire.com/news-releases/paypal-launches-its-all-in-one-pos-solution-for-small-businesses-in-the-us-301645710.html

SOURCE PayPal Holdings, Inc.

News Provided by PR Newswire via QuoteMedia

PYPL
The Conversation (0)

PayPal Reports First Quarter 2023 Results

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its first quarter 2023 results for the period ended March 31, 2023 . The earnings release and related materials discussing these results can be found on its investor relations website at https:investor.PYPL.comfinancialsquarterly-resultsdefault.aspx .

PayPal Holdings, Inc. will host a conference call to discuss these results at 2:00 p.m. Pacific time ( 5:00 p.m. Eastern time ) today. A live webcast of the conference call will be available at https://investor.pypl.com . In addition, an archive of the webcast will be accessible for 90 days through the same link.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

PayPal Acquires TIO Networks

Core Innovation Capital and the Center for Financial Services Innovation has announced that their portfolio company has been acquired by PayPal (NASDAQ:PYPL).
As quoted in the press release:

CFSI, the nation’s authority on financial health, made an early investment in TIO Networks in 2005. Core, a venture capital firm investing in leading financial technology companies, invested in TIO in 2013 as part of their mandate to create value for everyday and underserved Americans.
TIO is a cloud-based multi-channel bill payment processor that has processed over $7 billion in payments in 2016 for its 14 million customers. The company delivers convenient access to secure bill pay via kiosk, walk-in, mobile and web solutions.
“Our exceptional financial return is further enhanced by the fact that TIO is one of the most impactful fintechs in the industry, now becoming part of PayPal,” said Arjan Schütte, founder and managing partner of Core.
“PayPal’s acquisition of TIO represents one of CFSI’s greatest impacts to date,” said Jennifer Tescher, founder and CEO of CFSI. “In TIO, we made an early investment that helped a strong innovator become a financial health champion, and the company has built an incredible business around a real consumer pain point, shaped it, and demonstrated that it can be done profitably. Under the larger umbrella of PayPal, TIO should scale even further to benefit more Americans.”
Seventy-nine percent of TIO’s customers are low-to-moderate income, of which a majority pays their bills by giving cash to a teller at a convenience or other retail location. One of the reasons both CFSI and Core invested is that these bills, when expedited, can be extremely expensive. When Core invested in 2013, TIO saved its customers $192 per year on walk-in bill pay charges, relative to the most common alternatives in the market. This translates to an aggregate savings of $290 million in that year alone. TIO is one of the most impactful companies in Core’s portfolio in terms of number of customers served and ratio of underserved customers.

Keep reading...Show less

CEO of Bitcoin Wall Provider Xapo Joins PayPal's Board of Directors

CEO of bitcoin waller provider Xapo has joined PayPal (NASDAQ:PYPL) as a new board member.
Wences Casares, CEO of bitcoin wallet provider Xapo, is the payments giant’s newest board member.
 
According to an article on Fortune:

Wences Casares, CEO of bitcoin wallet provider Xapo, is the payments giant’s newest board member. Payments giant PayPal announced a new board member this morning, potentially signaling the company’s openness to cryptocurrencies. Wences Casares, CEO of bitcoin wallet provider Xapo, joined PayPal’s board and is part of the company’s compensation committee.
Dan Schulman, president and CEO of PayPal PYPL 2.49% , said of the entrepreneur: “Wences’s unique line of sight into the future of commerce is ideally aligned with PayPal’s vision of transforming the management and movement of money for people around the globe.”

Keep reading...Show less

Real Matters Reports First Quarter Financial Results

(all amounts are expressed in millions of U.S. dollars, excluding per share amounts and unless otherwise stated)

Real Matters Inc. (TSX: REAL) ("Real Matters" or the "Company"), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the first quarter ended December 31, 2023.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Real Matters to Hold Virtual Annual General Meeting on February 8, 2024

Real Matters Inc. ("Real Matters"), a leading network management services provider for the mortgage lending and insurance industries, will be holding its Annual General Meeting (the "Meeting") on Thursday, February 8, 2024 at 10:00 a.m. (Eastern Standard Time). The Meeting will be conducted online only, via audio webcast at: www.virtualshareholdermeeting.com/realmatters2024 .

Registered and non-registered shareholders entitled to vote at the Meeting may vote by proxy in advance of the Meeting. However, only registered shareholders and duly appointed proxyholders (including non-registered shareholders who have duly appointed themselves as proxyholder) will be entitled to vote at the Meeting during the live audio webcast. Non-registered shareholders who have not duly appointed themselves as proxyholders will be able to attend the Meeting and ask questions, but will not be able to vote. Guests will be able to attend the Meeting but will not be able to submit questions, vote their shares (if any) or otherwise participate in the Meeting. Please note that registered shareholders will need the 16-digit control number indicated on the form of proxy accompanying their Notice of Meeting to log on to the Meeting as a "Shareholder". Duly appointed proxyholders will need the Appointee Name and 8-character Appointee Identification Number to log on to the Meeting as a "Proxyholder / Appointee". Otherwise, shareholders or duly appointed proxyholders, as applicable, will have to log on as "Guests". Please refer to the Company's Management Information Circular in the Investor Relations section of our website for additional details on how to log on to the Meeting.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Real Matters to Announce First Quarter Fiscal 2024 Financial Results on February 1, 2024

Real Matters Inc. ("Real Matters"), a leading network management services provider for the mortgage lending and insurance industries, will announce its first quarter fiscal 2024 financial results via news release on Thursday, February 1, 2024, before market open.

Conference Call and Webcast

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
man sitting on building looking at screen that says "fintech"

Top 5 NASDAQ Fintech Stocks of 2023

Fintech, or financial technology, has become an integral part of everyday life.

Firms like Fitch Ratings and McKinsey & Company are projecting continued growth in the market, and since the fintech umbrella covers such a wide range of companies, diverse businesses could profit as the industry develops.

Read on for a look at the top-performing NASDAQ fintech stocks of the year. Data was gathered using TradingView's stock screener on December 20, 2023, and companies with market caps of at least US$50 million were considered.

Keep reading...Show less

Real Matters Reports Fourth Quarter and Fiscal 2023 Financial Results

(all amounts are expressed in millions of U.S. dollars, excluding per share amounts and unless otherwise stated)

Real Matters Inc. (TSX: REAL) ("Real Matters" or the "Company"), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the fourth quarter and fiscal year ended September 30, 2023.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Real Matters to Announce Fourth Quarter and Fiscal 2023 Financial Results on November 17, 2023

Real Matters Inc. ("Real Matters"), a leading network management services provider for the mortgage lending and insurance industries, will announce its fourth quarter and fiscal 2023 financial results via news release on Friday, November 17, 2023, before market open.

Conference Call and Webcast

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×