PayPal and NCR Team Up for Mobile Payments in a Big Way
Two of Square's biggest competitors are joining forces: PayPal and point-of-sale (POS) company NCR just announced a major deal that could tip the mobile payments market in PayPal's favor. The arrangement will see PayPal's payments offering implemented within NCR's mobile apps and services for restaurants and other retailers. At first, PayPal will merely be a checkout option within NCR's Mobile Pay app, which lets restaurant-goers place orders, call their waiter, and even checkout from their phones. But eventually, PayPal will offer that mobile dining experience within its own mobile apps whenever you check-in to a participating NCR-customer restaurant.