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    Gilbarco, PayPal Collaborate on Mobile and Digital Payments

    PayPal's mobile wallet will be incorporated into the Passport POS solution.

    GREENSBORO, N.C. -- Gilbarco Veeder-Root is teaming up with PayPal on digital payment and other mobile solutions to be offered to Gilbarco customers worldwide.

    Initially, retailers with Gilbarco's Passport point-of-sale solution will be able to use PayPal's mobile wallet payment system. In the future, PayPal solutions will be added to Gilbarco's suite of media and merchandising applications.

    "Our customers recognize PayPal as a global leader in digital payment, and we are excited to work with them on this innovative solution and to collaborate on a number of other retail initiatives," said Mike Schulte, president of Gilbarco North America. "The PayPal mobile solution will be a cornerstone of our suite of retail applications." The collaboration enables retailers to communicate more effectively with customers and simplifies the way people pay for fuel and purchase in-store items, both companies noted in a statement.

    "PayPal wants to be where consumers shop every day by collaborating with Gilbarco, one of the leaders in the convenience store and fuel industry. It has the potential to put us into thousands of locations," said Don Kingsborough, vice president of retail services for PayPal. "We want to help consumers save time and money, while helping the convenience store industry drive loyalty in the store and at the gas pump."

    Greensboro, N.C.-based Gilbarco Veeder-Root offers a broad range of integrated solutions for c-store retailers.

    San Jose, Calif.-based PayPal is a division of eBay Inc.

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