51 
Just as it was announced last week that Square will become the mobile payment platform for Starbucks going forward, PayPal now has revealed it too has designs on the fastfood/payment game—its conquest: McDonalds.
Currently 30 different McDonald’s restaurants in France are testing out the mobile PayPal payment method, a technology that is forthcoming in the next 24 months, a rep for the company confirmed with Reuters.
PayPal, Reuters notes, “has already signed up more than 15 retailers, including Home Depot and Office Depot, to accept PayPal payments in their stores.” McDonalds, however, would be PayPal’s holy grail.
This is all well and good, and it will be interesting to see how it works out, but I can’t help but wonder who will need to pay for their Pound Saver Menu snacks with a mobile payment app. [Reuters]
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Bad bad bad… Paypal is just awful!
its really not thought. i use it a lot and have nothing buy a good experience
certainly better than giz’s comments facility!
, please can we have an edit, so i can stop looking like a moron…..
take the t off that thought to make it though
Why McDonald’s would ever consider getting into bed with PayPal, with the abominable reputation that PreyPal has, is simply incomprehensible to me. Don’t any of these retailers do any due diligence beforehand, or do they simply take Bain’s word that everything will be OK.
Still, if eBay is paying the whole cost of the roll out and marketing of this service and subsidizing the processing fees, why should these retailers not take advantage and waste some of eBay shareholders’ funds? Indeed, why not? Because PreyPal has an abominable reputation, particularly so with payees. No business needs such a relationship with such a clunky operator.
Regardless, when these “Pay Here With PayPal” retailers soon enough realize that the extra middleman layer of PreyPal at physical point of sale is a joke, and a poor one at that, at least they can then throw all the PreyPal equipment and signage in the skip at no cost to them …
And, if anyone wants a further demonstration of the utter desperation, and criminality, of eBay …
“Shill Bidding Fraud on eBay: Case Study #5”
http://www.ecommercebytes.com/forums/vbulletin/showthread.php?p=167554
“When Do We Start Calling eBay A [Failed] Payments Company?”
http://www.ecommercebytes.com/forums/vbulletin/showthread.php?t=24590
And, some comment on PayPal’s off-eBay products: “The New Way To Pay In-Store” (at Home Depot), PayPal Here, SmartPay, PayPal Digital Wallet, PayPal Debit MasterCard, PayPal Local and Watch With eBay …
http://www.ecommercebytes.com/forums/vbulletin/showthread.php?t=24611
eBay / PayPal / Donahoe: Dead Men Walking
I’m still trying to figure out what the benefit is for Starbucks in the deal with Square …
Square, like the utterly clunky PayPal, is a middleman that, in the main, rides precariously on the backs of the existing payments processing systems of the retail banks’ / Visa / Mastercard via a retail bank’s credit card merchant account; but at least Square has a practical use for merchants on the move …
The concept of the clunky PreyPal having any success at physical point of sale is a possibility that exists only in the fevered hallucinations of eBay’s destructive chief headless turkey, John Donahoe …
Consumer’s bank > Visa/Mastercard > Merchant’s bank …
Why would any merchant, particularly at physical POS, want to introduce into the mix an additional superfluous and utterly clunky layer? PreyPal: an unlicensed “pretend” bank; no prudential regulation; no customer support; no “professional” transaction mediation; no FDIC insurance of users’ funds; no formal partnership with the retail banks; clunk, clunk, clunk …
Consumer’s bank > PreyPal > Visa/Mastercard > PreyPal “bank” > merchant?
Why McDonald’s would ever consider getting into bed with PayPal, with the abominable reputation that PreyPal has, is simply incomprehensible to me. Don’t any of these retailers do any due diligence beforehand, or do they simply take Bain’s word for it that everything will be OK.
Still, if eBay is paying the whole cost of the roll out and marketing of this service and subsidizing the processing fees, why should these retailers not take advantage and waste some of eBay shareholders’ funds? Indeed, why not? Because PreyPal has an abominable reputation, particularly so with payees. No business needs to invite damage to their reputation with a relationship with such a clunky operator.
Regardless, when these “Pay Here With PayPal” retailers soon enough realize that the extra clunky layer of PreyPal at physical point of sale is a joke, and a very poor one at that, at least they can then throw all the PreyPal equipment and signage in the skip—at no cost to them …
And, if anyone wants a further demonstration of the utter desperation, and criminality, of eBay …
“Shill Bidding Fraud on eBay: Case Study #5”
http://www.ecommercebytes.com/forums/vbulletin/showthread.php?p=167554
“When Do We Start Calling eBay A [Failed] Payments Company?”
http://www.ecommercebytes.com/forums/vbulletin/showthread.php?t=24590
And, some comment on PayPal’s off-eBay products: “The New Way To Pay In-Store” (at Home Depot), PayPal Here, SmartPay, PayPal Digital Wallet, PayPal Debit MasterCard, PayPal Local and Watch With eBay …
http://www.ecommercebytes.com/forums/vbulletin/showthread.php?t=24611
eBay / PayPal / Donahoe: Dead Men Walking