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No cash, credit or debit card at Home Depot? Use PayPal

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veracious
Established Contributor

No cash, credit or debit card at Home Depot? Use PayPal

Beginning next week, customers at Chicago-area Home Depot stores will be able to pay for purchases using PayPal, either by punching in their mobile phone number or swiping a special PayPal card.

The PayPal rollout — which comes to Chicago’s 60 Home Depot stores March 7 — is part of the San Jose, Calif.-based online-payments company’s efforts to take advantage of consumers’ growing use of mobile technology to pay for goods at brick-and-mortar retail stores.

http://www.suntimes.com/business/10940501-420/no-cash-credit-or-debit-card-at-home-depot-use-paypal....

 

 

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but if you do nothing, there will be no result" ~ Mahatma Gandhi
Message 1 of 6
5 REPLIES 5
pizzadude
Credit Mentor

Re: No cash, credit or debit card at Home Depot? Use PayPal


@veracious wrote:

Beginning next week, customers at Chicago-area Home Depot stores will be able to pay for purchases using PayPal, either by punching in their mobile phone number or swiping a special PayPal card.

The PayPal rollout — which comes to Chicago’s 60 Home Depot stores March 7 — is part of the San Jose, Calif.-based online-payments company’s efforts to take advantage of consumers’ growing use of mobile technology to pay for goods at brick-and-mortar retail stores.

http://www.suntimes.com/business/10940501-420/no-cash-credit-or-debit-card-at-home-depot-use-paypal....

 

 


That's interesting ~ And you can already do this with the PayPal Debit Mastercard too.....

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 6
Revelate
Moderator Emeritus

Re: No cash, credit or debit card at Home Depot? Use PayPal


@pizzadude wrote:

@veracious wrote:

Beginning next week, customers at Chicago-area Home Depot stores will be able to pay for purchases using PayPal, either by punching in their mobile phone number or swiping a special PayPal card.

The PayPal rollout — which comes to Chicago’s 60 Home Depot stores March 7 — is part of the San Jose, Calif.-based online-payments company’s efforts to take advantage of consumers’ growing use of mobile technology to pay for goods at brick-and-mortar retail stores.

http://www.suntimes.com/business/10940501-420/no-cash-credit-or-debit-card-at-home-depot-use-paypal....

 

 


That's interesting ~ And you can already do this with the PayPal Debit Mastercard too.....


Isn't that technically a credit card though? Smiley Happy

 

I wonder what the mechant fees are for this new service.




        
Message 3 of 6
pizzadude
Credit Mentor

Re: No cash, credit or debit card at Home Depot? Use PayPal


@Revelate wrote:

Isn't that technically a credit card though? Smiley Happy

 

I wonder what the mechant fees are for this new service.


Not the "Debit" mastercard ~ all it does it link directly to your PayPal account, which you can then direct to your SmartConnect line of credit.

 

PayPal also does issue a Mastercard that is an actual CC with a line of credit.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 4 of 6
Revelate
Moderator Emeritus

Re: No cash, credit or debit card at Home Depot? Use PayPal


@pizzadude wrote:

@Revelate wrote:

Isn't that technically a credit card though? Smiley Happy

 

I wonder what the mechant fees are for this new service.


Not the "Debit" mastercard ~ all it does it link directly to your PayPal account, which you can then direct to your SmartConnect line of credit.

 

PayPal also does issue a Mastercard that is an actual CC with a line of credit.


Good point; however, in both of those cases the MC network is still being used for merchant authorization.

 

In this case, Paypal had to setup some transaction network to be able to provide this service directly presumably, or maybe it's still MC on the backend but rebranded.

 




        
Message 5 of 6
LS2982
Mega Contributor

Re: No cash, credit or debit card at Home Depot? Use PayPal


@veracious wrote:

Beginning next week, customers at Chicago-area Home Depot stores will be able to pay for purchases using PayPal, either by punching in their mobile phone number or swiping a special PayPal card.

The PayPal rollout — which comes to Chicago’s 60 Home Depot stores March 7 — is part of the San Jose, Calif.-based online-payments company’s efforts to take advantage of consumers’ growing use of mobile technology to pay for goods at brick-and-mortar retail stores.

http://www.suntimes.com/business/10940501-420/no-cash-credit-or-debit-card-at-home-depot-use-paypal....

 

 


I noticed this at my local HD yesterday. I wonder if you can use the GE Paypal MC?




EQ FICO 548 3/3/16
Message 6 of 6
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