PayPal hits offline milestone, but Wal-Mart holds out
By Alistair Barr SAN FRANCISCO (Reuters) – PayPal hit a new milestone on Tuesday in its quest to be accepted in millions of physical stores, however, the payment division of eBay Inc has yet to persuade Wal-Mart Stores Inc, the world’s largest retailer, to sign up. Discover Financial Services, PayPal’s offline partner, has signed contracts with 50 merchant acquirers, which will help extend PayPal’s in-store payment service to more than two million outlets in the United States by the end of 2013. . . .
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