Paymentech to Offer eBay's PayPal to Merchants

Share this content:
Paymentech will offer eBay Inc.-owned PayPal's online payment service to its online merchant customers early next year in addition to the electronic checking and gift card options it currently offers.

The deal gives online merchants access to a consolidated settlement and financial reporting system without requiring much investment or extra processing infrastructure.

Paymentech, Dallas, is the first merchant acquirer to resell and completely integrate PayPal's online payment service into its processing platform.

Merchants and prospects will have access to 56 million PayPal accounts worldwide.

Paymentech processes 50 percent of all online transactions. The company, and its Canadian affiliate in Toronto, last year processed 7 billion transactions and $162 billion in sales volume in 14 countries.


Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above