Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $7
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events
×

Paypal serves up new app feature

 

paypalPayPal Australia has added the Pay at Table feature to its mobile application ahead of the new compulsory PIN at point of sale mandate due to come into effective in August.

Pay at Table allows PayPal customers to check into a restaurant on their mobile, enter their table number and then pay their bill – it even gives customers the option to enter a tip, without having to flag down a waiter.

The announcement comes as new Europay, MasterCard and Visa (EMV) standards are set to be introduced in August this year.

Under the new industry wide move to expand PIN at the point of sale (POS), Australian customers will no longer be able to sign for transactions or hand over their credit card and sign the payment slip.

“Not only are customers going to have to adapt to the new standards but restaurants and cafes will need to look for solutions at the checkout that are going to simplify what is destined to be a complicated payment process for both merchants and customers,” Andrew Rechtman, senior director of SMB, retail and strategy at PayPal Australia, said.

“The Pay at Table feature delivers a tailored solution that gives restaurants and cafes direct access to over 5.5 million account holders using the PayPal digital wallet online, on the go and instore,” Rechtman said.

You have 7 free articles.