PayPal chief hits Australia, wants POS payments

It appears as if PayPal global president Scott Thompson has landed in Australia briefly. We’re not sure why he’s here, at this point, but he did stop in for a brief interview with Business Spectator supremo Alan Kohler as a guest on Kohler’s Inside Business slot on the ABC. Perhaps the most interesting part of the interview is Thompson’s statement that PayPal could become a viable option for customers to pay for items at normal retail store checkouts — instead of just online:

Well one of the big trends that’s happening in Australia and around the world is all those devices in retail stores are actually now being connected to networks, and we view that as a massive opportunity for PayPal because now we can be a tender type, an option for payment at point of sale because that device is essentially a computer when it’s connected to a network — via redwolf.newsvine.com

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