in: iPhone

PayPal Here – Smartphone Payment Solution

PayPal brings SQUARE like credit card swapping device for PayPal users. PayPal Here a blue triangle device connects to the headphone hole. Currently it is only compatible with the iPhone but hoping for soon availability for Android and Windows Phone models. Plastic Card data is encrypted and information is stored in the smartphone itself. The service is designed for small businesses and entrepreneurs at 2.7% charge for transaction processed through PayPal Here device. [via]

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