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.


close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

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