Payment giant PayPal will open a store in Manhattan soon to display new technology the company is working on, according to a new report in TechCrunch.
The report states that over the next three months businesses will be invited to come and see what the company is working on, which includes a number of new point of sale technologies.
That technology was announced a few weeks ago, when the company showed off a new method for people to buy products using their mobiles.
PayPal is now speaking with a number of retailers about integrating this new mobile payments processes in stores.
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Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
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