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Report: Suns Sign Sponsership Deal with PayPal

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The Phoenix Suns have sold their jersey patch to payment processor PayPal in a deal that both team and company officials hope will make the arena more of a cashless environment.

As part of the deal, PayPal will be integrated into the Suns’ mobile app, which will allow fans to make one-touch payments to buy everything from merchandise to concession items within Talking Stick Arena, as well as pay for parking. The arena will also have PayPal card readers that enable payments by chip, tap or swipe. Fans will also be able to make purchases using Venmo, the peer-to-peer payment processor that PayPal owns.

Source: Darren Rovell of ESPN