It may have been intended to fly below the radar, as the saying goes, but PayPal could be on the cusp of a big breakthrough as McDonald’s has confirmed its testing a PayPal mobile payments service in France.
Reuters reported over the weekend that the test follows a demo of the PayPal system at McDonald’s franchise conference in Orlando earlier this year. Per the Reuters story:
“McDonald’s would certainly be a whale,” said Gil Luria, an analyst at Wedbush Securities. “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.”