Inn the news Feb 27, 2012

Okay here is some news, I was at The Home Depot yesterday and they had PAYPAL at the check out.
Yes, Paypal, first retailer to offer paypal in person at the check out. As my jaw dropped, they said "Yes, installed the new terminals on Thursday.
(So, what does this mean for us, those of us who did a little checking on accepting paypal through our online reservation system...) I think I need to go and buy shares right now!

I think knowing who uses Paypal, when and why would be useful information. What are the demographics? People who can't get cc's? Online payments because they want extra protection? Age groups?
Would more of our guests use Paypal if it were offered? (I'm guessing not, but it might bring in a different cohort.) For all I hear, 'Use this card, I want the points,' I don't think there will be a big rush to use Paypal from our current guest cohort.
I would guess there's a report on this out there somewhere!

Madeleine said:

I think knowing who uses Paypal, when and why would be useful information. What are the demographics? People who can't get cc's? Online payments because they want extra protection? Age groups?
Would more of our guests use Paypal if it were offered? (I'm guessing not, but it might bring in a different cohort.) For all I hear, 'Use this card, I want the points,' I don't think there will be a big rush to use Paypal from our current guest cohort.
I would guess there's a report on this out there somewhere!.

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At the same time the clerk said "Are you using your home depot card today?"
and of course I pulled out my business capital one rewards which I put everything on for this business, no matter what. So if I have a rcpt or lose it I have a record of it.
So I concur. Paypal to me is an online extra protection, such as the google checkout. Perhaps someone else could highlight why a person would use Paypal at Home Depot?
I mean, Paypal can use a credit card you have on file, or draw straight from your bank account, also on file. But my thinking is that is this how it is going to be? Where Bill Gates wrote a book on his goal of being a cashless society, which in the beginning sounded way way off, but now it is here for the most part, is this Paypal thing part of the interconnectivity of all of our accounts? Or vying for that? Just thinking aloud as I type this. There has not been one source for all online payments, as of yet. Interesting that The Home Depot would take them on in this manner.

Paypal has my cc# but, to my knowledge, does NOT have my bank #. I refused to "verify" my account with the bank #.

I have an Santander card and I get 3% cashback on petrol, 2% on supermarket shopping and 1% on everything else. We got it 3 weeks ago and have got $20 back already so over the year may pay for a mini break. I think of it as creative accounting though that can sound a bit dodgy. By it I mean finding clever ways to make your money work harder. For example if we pay our laundy bill in big chunks we can claim 20% tax back which is £400 per £2000 (or US $800 per $4000 back) Ive also should save $240 at least with my new credit card and we have just changed card processor which in January not a particulalry busy month we would hav saved $80 which if we save the same (minimum) a month that will be $960. So by just shopping around a bit we could save about $3000 a year thats a lot of dough! for pretty much nothing!

gillumhouse said:

Paypal has my cc# but, to my knowledge, does NOT have my bank #. I refused to "verify" my account with the bank #..

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I had to verify mine as they were cutting me off! was super annoying as had a bunch of things I wanted to buy ie bought a king size mattress, 2 twin bed bases, televisions, etc for the B&B so I needed to have a bit higher limit. Shop quite a bit on Amazon which is a lot easier but find there is a much better range on ebay get all sorts of things - ie 2 sinks with cupboards underneath both of which have been in a year with no problems, 2 shower doors, 2 sets of taps and waists, leather chairs, various televisions (at 1/2 the price from the shops) croc shoes, illuminated bathroom mirror - the delivery people think Im completely bonkers!!!!

[email protected] said:

gillumhouse said:

Paypal has my cc# but, to my knowledge, does NOT have my bank #. I refused to "verify" my account with the bank #..

Click to expand...

I had to verify mine as they were cutting me off! was super annoying as had a bunch of things I wanted to buy ie bought a king size mattress, 2 twin bed bases, televisions, etc for the B&B so I needed to have a bit higher limit. Shop quite a bit on Amazon which is a lot easier but find there is a much better range on ebay get all sorts of things - ie 2 sinks with cupboards underneath both of which have been in a year with no problems, 2 shower doors, 2 sets of taps and waists, leather chairs, various televisions (at 1/2 the price from the shops) croc shoes, illuminated bathroom mirror - the delivery people think Im completely bonkers!!!!
.

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[email protected] said:

- the delivery people think Im completely bonkers!!!!

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I get that every once in awhile!