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Transnational, Discover Partner to Bring You PayPal Payment Solutions - TransNational (TNBC) has announced the Discover and PayPal shared vision to drive PayPalís active consumers to merchantsí physical locations, enabling TNBC merchants to accept the new PayPal payment card starting April 2013 - TNBCI.com
Transnational, Discover Partner to Bring You PayPal Payment Solutions

 

NewswireToday - /newswire/ - Rosemont, IL, United States, 2013/01/29 - TransNational (TNBC) has announced the Discover and PayPal shared vision to drive PayPalís active consumers to merchantsí physical locations, enabling TNBC merchants to accept the new PayPal payment card starting April 2013 - TNBCI.com.

   
 
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PayPal is a leader in global ecommerce payments in over 190 markets with more than 50 million U.S. customers. Discover-accepting merchants with TNBC can swipe PayPal payment cards at existing terminals and process just like a credit transaction, regardless of what the cardholder chooses to use as their back-end PayPal funding source.

PayPal will use Discoverís existing credit card network to enable PayPal users to make payments at physical locations. No upgrades to existing terminals or software are required.

At this time, PayPal intends to issue cards to U.S. account holders only. As of April 19, 2013, PayPal transactions will be able to be accepted in-store along with your current Discover, Visa, MasterCard and American Express. The PayPal card will be un-embossed on the front of the card. The last four digits of the account number will be printed on the back of the card along with the cardholderís name.

TNBC (tnbci.com), Discover, and Global Payments, a Fortune 1000 company providing electronic transaction processing services, will help provide merchants with the power of PayPal acceptance and help businesses stay at the forefront of todayís competitive multi-channel marketplace. TNBC clients can now provide customers with access to the next generation of shopping solutions and enhance the customer experience by supporting customer choice and flexibility of payment options.

PayPal gives businesses the opportunity to attract new customers and engage existing customers through the PayPal digital wallet to ultimately increase customer engagement and sales. TNBC merchants can now cater to the 50 million, and growing, customer base already established by PayPal.

 
 
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Written by / Agency / Source: TransNational Bankcard

 
 

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Transnational, Discover Partner to Bring You PayPal Payment Solutions

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Publisher Contact: Kim Foster - TNBCI.com 
847-994-7702 kfoster[.]tnbci.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TransNational Bankcard securities in any jurisdiction including any other companies listed or named in this release.

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