PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the rollout of the PayPal Zettle Terminal to small businesses in the U.S. following its launch in European markets last year. Terminal is an all-in-one point-of-sale solution that offers increased mobility in-store for small businesses. With its sleek design, Terminal is ready to go right out of the box, with no need for a second device to pair it with. Featuring a touchscreen, this digital in-store solution is easy to set up and use, offering small businesses simplicity, speed, and mobility.
Terminal comes with a pre-loaded SIM card, and its combined Wi-Fi and cellular connectivity means that small businesses are no longer dependent on fixed checkout points, making the checkout completely mobile. The seller is free to complete the entire checkout process, from start to finish, wherever the customer is – on the shop floor, by the table, on the terrace, at the point of delivery, or anywhere where there’s mobile coverage. Terminal can also include an integrated barcode scanner and can be attached to a dock that has a built-in printer for on-the-spot receipt printing.
The in-store solution comes with the Zettle point-of-sale app pre-installed, and small businesses will get an integrated solution that not only helps them accept a range of fast and secure payments in person — including credit cards, contactless, digital wallets, and PayPal and Venmo QR Codes — but also helps them manage sales, inventory, reporting, and payments, all in one place. In addition, merchants will soon be able to access funds from their completed sales in their PayPal account typically within minutes, through a feature that PayPal is rolling out now.