As big as PayPal are, they can be much bigger. Vice President and General Manager of Retail and Prepaid, Don Kingsborough, has said that he's wanting to move PayPal into physical retail stores, and hopes that this retail push will give them some power against Visa and MasterCard.

PayPal's plan is to reach a public goal of 20 major retailers using the point-of-sales (POS) system by the end of this year. This POS system works when a customer checks out, and the POS card-swiping terminal offers a new orange button saying, "Pay with PayPal". From there, customers can select this option, confirm the total, and type in their cell phone number and a PIN number that was determined before going into the store.

Kingsborough has been quoted:

We are going to do it with the greatest brands in the world -- Home Depot and every other top 100 retailer. There isn't a major brand we haven't talked to.

The eBay-owned company is already testing out their POS system in Home Depot, with Office Depot the next step in this grand new plan. PayPal have refused to comment on the names of other planned retailers.