August 11, 2004, 12:00 AM

Re-seller agreement with Retail Decisions broadens PayPal’s reach

PayPal, which is making a move to broaden its market as a payment option beyond its initial eBay.com audience, has reached agreement with Retail Decisions to sell PayPal to online merchants.

Paul Demery

Managing Editor, B2B E-commerce

PayPal, which is making a move to broaden its market as a payment option beyond its initial eBay.com audience, has reached an agreement with Retail Decisions to sell PayPal to online merchants. Retail Decisions is the second acquirer to reach such a deal with PayPal. CyberSource Corp. agreed last year to be a PayPal distributor.

Under the agreement, PayPal will be available through Retail Decisions’ enterprise payment gateway software, LiveProcessor, as well as through its fully managed, international ReD1 Gateway service. This will make PayPal available to all of Retail Decisions’ online merchants worldwide. Retail Decisions’ payment processing customers include WalMart.com, Buy.com, Netflix.com and Travelocity.com.

PayPal is selling its services through payments processors such as Retail Decisions and CyberSource and through a direct sales force of its own.

Todd Pearson, general manager of merchant services, says PayPal is in serious talks with 60-70 merchants.

 

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Seth Barnes / E-Commerce

Commissions are for closers

A Savings.com executive responds to an Internet Retailer article describing a web merchant’s decision to ...

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

Advertisement