In-Store Acceptance Program. Highlights What’s New with PayPal How It Works Card Review The Addendum.

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Presentation transcript:

In-Store Acceptance Program

Highlights What’s New with PayPal How It Works Card Review The Addendum

What’s New With PayPal As of November 2013 OMEGA Merchants were notified that they will be able to accept PayPal transactions In-Store along with their current Visa, MasterCard and Discover transactions. OMEGA Merchants will now have access to 50 million active PayPal customers.

How It Works PayPal Card acceptance will be for Card Present (Face-to-Face) transactions only. PayPal Cards will be swiped in the same manner as Visa, MasterCard and Discover Cards are currently run. The PayPal Cards will be swiped as Credit. PayPal acceptance will be priced using the same rates as V/MC/Disc. PayPal Customers will not need to sign for transactions under $ Customers who paid with their PayPal Card will use their PayPal Card for that item’s return. PayPal acceptance is for U.S. account holders only. Chargebacks will be handle in the same manner as V/MC/Disc.

The PayPal Card JOHN SMITH ACCOUNT ENDING IN ****1234 VALID THRU 12/14 Name, last four-digits, Valid Thru date 234 PayPal Logo CID Tamper-proof signature panel No card number present -- PayPal Customer will not know their complete card number Swipe-only transactions are swipe only. No voice authorization or manual imprinter If the magnetic stripe fails the customer will need to use another form of payment.

New Merchants Mario ’ s Pizzeri a 12/11/ Mary Johnston Owne r The Rates used in the example are tiered pricing. But the same rule would apply for basis points

Let PayPal be the new opportunity to increase your revenue stream.