A short code for a Whopper, or a tap for a Big Mac? On the heels of McDonald’s working with Apple to let iPhone users buy Big Macs and more using Apple Pay, PayPal — Apple’s burgeoning rival in payments — has inked a deal with McDonald’s long-time fast-food competitor, Burger King, to power a mobile payment service at its chain of restaurants, by way of a new Burger King app for iOS and Android devices, which will be rolled out by early next year, PayPal’s chief product officer Hill Ferguson says.
Coinciding its news with the Money 2020 conference, PayPal is also announcing two other developments that speak to how PayPal wants to expand its payments ecosystem beyond eBay ahead of its spinoff from the e-commerce giant, and show that it’s more than a one-trick pony.
PayPal is also integrating its payment buttons as a default in the new GoDaddy Online Store — an e-commerce backend that GoDaddy is offering to its customers to power purchases on their sites — with a PayPal Express Checkout button now getting pre-installed with each Online Store integration.
And it is confirming that “millions” have now used its Pay After Delivery service, in which PayPal fronts an immediate payment to a merchant and then gives customers up to 14 days to complete the transaction.
The Burger King payment service, developed in partnership with Tillster, will be live “early next year” and is is modelled around some of the other products that PayPal has developed in the area of point-of-sale services in the food and beverage industry such as this trial in the UK, which also used PIN codes to let people order food.Read the Full Article