PayPal launches credit card reader for taking mobile payments

PayPal, the payments service owned by eBay Inc, unveiled a new device on Thursday that helps small businesses accept credit and debit cards through mobile devices, entering a fast-growing market now led by start-up Square Inc.

"PayPal Here" -- as the service is called -- will provide a free, triangle-shaped card reader and mobile application to small merchants.

That gadget, sometimes referred to as a dongle, plugs into the top of mobile devices like Apple Inc. iPhones and, soon, Google Inc. Android smart phones, allowing merchants to take payments through these gadgets on the go.


Read Full News

Resources for YOU:

Bookmark and Share

Write a comment

Comments: 0


tumblr visitor stats