News | August 20, 2013

Mercury Collaborating With PayPal To Bring The Next Generation Of Payments To Main Street

Collaboration combines PayPal’s innovative digital payment technology with Mercury’s platform and extensive partner network

Mercury Payment Systems, one of America’s fastest growing payment solutions providers, recently announced a collaboration with PayPal to enable Mercury’s vast network of point-of-sale software developers and value-added resellers, and rapidly growing base of 80,000 merchants to offer PayPal in-store. This agreement brings PayPal together with a proven leader in delivering integrated payments solutions to countertops across America to give merchants a simple, and seamless way to use PayPal in-store.

Through this collaboration, Mercury’s network of more than 500 point-of-sale developers will be provided a toolkit to enhance their POS system to accept PayPal’s in-store payments. Resellers of those systems will also be trained and certified to bundle PayPal acceptance with other merchant services that they already offer.  Merchants using PayPal-enhanced POS systems enable PayPal customers to pay with their desired funding source in their PayPal wallet using their PayPal payment card or their mobile phone via the PayPal app.  A number of POS developers, resellers, and merchants are already participating in the program.

“There has never been a more exciting time in the payment technology space, and PayPal is at the forefront of the transformation to new and more powerful payment methods,” said Matt Taylor, CEO of Mercury.  “At Mercury, we are committed to helping local merchants take advantage of the best technologies that enable them to compete and thrive. By adding PayPal to our payment processing systems, and empowering our developer and reseller partners to offer PayPal to their merchant bases, we believe we have reached a tipping point for mobile and digital wallet payments.”

“At PayPal, we believe that new payment methods that add convenience and ease to consumers’ daily lives should be usable at merchants of all sizes, everywhere,” said Don Kingsborough, Vice President, Retail, PayPal. “Our collaboration with Mercury is intended to help drive adoption of digital payments at the POS and will not only be broad, but will be a seamless step for these merchants to take.  Collaborating with industry leaders is key and working with Mercury and their vast network of developers and resellers will play a key role in our offline payment strategy.”

About Mercury
Mercury Payment Systems, LLC is a fast-growing, award-winning payment processing company committed to simplifying the payment chain in support of “main street” merchants. The Mercury Network is trusted by more than 500 point-of-sale (POS) Independent Software Vendors, and 2,500 POS Value Added Resellers. The MercuryPay processing platform is the only service that provides fast and secure payments with “fail-safe” high-availability transaction approvals if the credit card provider’s system is impaired. Unlike other processing providers that support their merchants remotely, the Mercury Network ensures that every merchant has a local dealer to help them install, connect, use, update, and expand their choice of POS system. For more information, visit www.mercurypay.com.

SOURCE: Mercury Payment Systems

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