Macy's to accept PayPal

Macy's (NYSE:M) will accept PayPal as a payment option at all of its brand stores, online and on mobile by the end of the month.

The integration of PayPal into Macy's mobile and online systems will include One Touch, which means customers who opt-in can check out without credit cards, usernames or passwords, Robert Clarkson, PayPal's VP of large enterprise retail sales and paternships, wrote in a PayPal blog post.

In-store shoppers can also checkout via payment code on the PayPal app or the Macy's app, which enables consumers to scan a QR code on their mobile device.

Macy's joins thousands of merchants worldwide that accept PayPal. In May, the payment company announced an expansion of services. Since its split with EBay, PayPal has stepped up its offerings to compete with other online payment systems from Amazon, Alibaba and Facebook, as well as in-store transactions conducted via Apple Pay and Google Wallet.

For more:
-See this PayPal blog

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