Bloomberg reported the other day that PayPal is moving into in-store transactions as early as March in 51 of HomeDepot’s stores. And they make no bones about their intentions to shake up the worlds of both processors and credit cards in the process.
While this year’s efforts are admittedly experimental, PayPal has hopes to expand out to all of Home Depot’s locations at some point, assuming success at this micro test level. PayPal’s efforts should be watched carefully. They have....