PayPal tests in-store payment system at Home Depot

[January 07, 2012]  NEW YORK (AP) -- EBay's PayPal service is testing out a payments system in brick-and-mortar Home Depot stores.

PayPal spokesman Anuj Nayar said Friday that the system is being tested in just five stores and involves a small number of PayPal employees. That means it's not available to the general public and likely won't be for some time.

The move is part of eBay's strategy to expand beyond the desktop computer into mobile devices and other aspects of everyday life.

EBay CEO John Donahoe had mentioned the plans in October during the company's earnings conference call. But he did not say which retailer was participating.

To pay using PayPal, customers will be able to enter their phone number and a pin code, or use a special PayPal card.

[Associated Press]

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