Offering PayPal for in-store checkout will allow First American merchants to accept a new payment method...
Fort Worth, Texas (PRWEB) March 04, 2013
Leading payment processor and merchant acquirer, First American Payment Systems, announced today that it will enable First American’s participating merchants to accept PayPal™ at its brick-and-mortar locations. In doing so, FAPS is expanding its relationship with Discover Financial Services, a direct banking and payment services company with one of the most recognized brands in U.S financial services, which is collaborating with PayPal™ to enable customers to pay at millions of retail locations across the U.S.
"We are very excited about this new opportunity and our growing relationship with Discover,” said Neil Randel, Chief Executive Officer of First American Payment Systems. “Offering PayPal for in-store checkout will allow First American merchants to accept a new payment method while attracting existing PayPal users to the card present environment, leading to sales growth opportunities for our merchants.”
First American’s merchants will be among the first U.S businesses able to accept PayPal’s new payment card which brings the faster, simpler, and more secure transaction of the digital wallet to millions of U.S PayPal customers online to in-store payments.
About First American Payment Systems
First American Payment Systems, L.P., based in Fort Worth, Texas, is a payment processor that provides comprehensive electronic transaction processing services for more than 140,000 merchants throughout the United States and Canada. In addition to credit, debit and EBT card processing, First American offers a complete line of proprietary products and services to businesses and non-profits, including M+Terminal® mobile solution, Secur-Chex® check services, FirstAdvantage® gift cards, FirstPay.Net™ e-commerce solutions, FirstFund® ACH software, Govolution® government e-payments, national ATM sales, and Merimac Capital® point-of-sale equipment and ATM leasing. For more information, visit http://www.first-american.net.