TSYS TSS today announced an agreement with Discover to process PayPal
payment transactions within the contiguous United States. In August 2012,
PayPal entered into a service provider relationship with Discover under which
PayPal obtains access to participating merchants' brick and mortar locations
through Discover's technological infrastructure.
PayPal offers consumers several advantages, one of which is that PayPal can
serve as a single source to access customers' credit or debit cards, bank
accounts, PayPal balances, or Bill Me Later payment methods all stored in
their PayPal accounts at a point-of-sale terminal.
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