Mobile payments-loving Dutch citizens have something to celebrate today. PayPal announced last week that it is now accepted at 1500 brick and mortar stores in the Netherlands.
Patrons of those stores will be able to pay with PayPal at parking meters, cafes, restaurants, and more.
Thanks to a partnership with Rabobank-owned MyOrder, PayPal users have a more convenient way to pay. Using PayPal’s mobile app linked to a payment account, users can:
- Pay for a parking meter without searching for the pay station
- Order drinks ahead of time at a coffee shop
- Pay for a meal without waiting for the server to bring the check
For PayPal, this expansion into mobile payments is no surprise. Last year, the dollar value of transactions made from a smartphone or tablet was $27 billion, which is an increase of 99% from one year prior.
Check out a live demo of MyOrder’s technology from FinovateEurope 2014. PayPal last demonstrated at FinovateEurope 2012 where it showcased Instant Account Creation.