PayPal, an online mobile payment service and World’s popular hamburger company Mc Donald is testing the payment services of PayPal at 30 of its restaurants in France.
If it will be succeed then PayPal will get the different upgrade in their mobile payment services and I feels that McDonald will be agree for this deal after their so called testing of PayPal’s mobile payment services.
Yet PayPal has the tight competition with other payment services startups like Square,Inc and other payment services. According to Gil Luria, an analyst at Wedbush Securities ”McDonald’s would certainly be a whale,”
“If McDonald’s customers can stand in line and order on a mobile app and pay with PayPal that is a huge extension of PayPal’s reach.”
Actually ongoing test in France will let McDonald’s customers order food on smart phones through a McDonald’s mobile application, or online, and pay with PayPal.
Other sources mentioned that McDonald’s customers order food on smart phones through a McDonald’s mobile application, or online, and pay with PayPal.
Demonstrations at the McDonald’s franchisee conference in Orlando featured a more “in-depth” service that would allow customers to order and pay using PayPal’s digital wallet and mobile application, the spokesman said.