PayPal and Discover expand partnership, will reach 2 million stores by year-end

When PayPal saw Square for the first time, we're fairly sure its CEO glumly stared out of the window, said "we're going to the mattresses" and promptly called the CEO of Discover to talk about an alliance. That unholy union has now brought PayPal into 250,000 retail outlets in the US, and the pair is now promising that the figure will be closer to two million by the end of 2013. Merchant acquirers such as Vantiv, WorldPay and TSYS have also signed up, presumably begging the pair not to let Jack Dorsey take the shirt from their backs.

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Source: http://www.engadget.com/2013/05/01/paypal-discover-expand-partnership/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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