PayPal To Unveil New Payments Platform For Merchants, Will Include Location-Based Offers And More

PayPal held an event today in Los Angeles for merchants to get a early look into the eBay owned payments giant's new technologies. As CEO Scott Thompson says in a blog post, PayPal is re-imagining money and making it work better for merchants and consumers ? whatever device you?re on, wherever you are in the world, and however you prefer to pay (whether that?s cash, credit, or installments). The company says it will be rolling out a one-stop shop for merchants, both online and local businesses, to manage payments from customers. Details are sparse but PayPal says that new features will include location-based offers, making payments accessible from any device and offering more payments flexibility to customers after they?ve checked out.

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