PayPal testing easier checkout for online shoppers

Jan 13, 2014

EBay's payments service PayPal has redesigned its online checkout process to let shoppers complete their payment on merchants' websites, rather than go to a separate PayPal site.

Simplifying the checkout process—and having shoppers stay on an e-commerce site rather than click over to a separate PayPal page—means they are more likely to complete the transaction. That could also mean more people will use PayPal.

PayPal said Monday that it is testing out the new checkout process with a few merchants and will make it available to large businesses in the first half of this year. Medium- and small-size businesses will also be able to use it down the line.

In addition, PayPal said it will make its "payment code" feature available to merchants that accept Discover cards or use Micros payments systems, starting in February. The feature lets shoppers pay for purchases using their smartphones, using either a four-digit code or a QR-code, which is a newer version of the classic bar code.

PayPal says it's a payment option at 1.9 million physical stores and other sellers in the U.S.

Shares of eBay Inc. rose 49 cents to $52.65 in afternoon trading.

Explore further: News Corp. to buy Move Inc. for about $950 million

More information: PayPal's blog post: bit.ly/1cWpcgR

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Facebook to test mobile payments service (Update)

Aug 15, 2013

Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

PayPal announces online shopping login service

Oct 12, 2011

PayPal, eBay's online payment service, announced a new service Wednesday that aims to make it easier to shop online by cutting down on the number of accounts consumers have to create with various Web retailers.

Recommended for you

What's PayPal's first solo move?

15 hours ago

PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challeng ...

AOL to feed more video, news to Microsoft's MSN

19 hours ago

AOL will provide Microsoft's MSN with more video and additional news stories from popular sites such as The Huffington Post and TechCrunch in an expansion of a deal aimed at selling more digital advertising.

Microsoft to tap $2-trillion Indian cloud market

23 hours ago

Microsoft announced plans Tuesday to offer its commercial cloud services from Indian data centres as it seeks to tap what it calls a $2-trillion market in the country where Internet use is growing rapidly.

User comments : 0