PayPal targets Square with hardware trade-ins, waives fees through 2013

DNP PayPal

After watching its rivals Square and Groupon play their hands earlier today, PayPal announced a program that allows merchants to trade in their old payment processing equipment in exchange for new hardware. The promotional offer features POS systems from ERPLY, Leaf, Leapset and the company’s own PayPal Here. In addition to luring retailers with a fancy new cash register, the outfit is offering to waive credit, debit, check and PayPal processing fees for the remainder of the year. If the aforementioned incentives sound appealing and you’d like to know more, head on over to our source link to check out the program’s all-important fine print.

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Source: PayPal

PayPal Here coming to the UK with a chip reader to match (video)

PayPal Here coming to the UK with a chip reader to match video

US-born mobile payment methods like PayPal Here and Square haven’t had much traction in Europe, due in no small part to the continent’s frequent reliance on chip-and-PIN credit cards over North America’s (slowly outgoing) magnetic stripes. PayPal is getting around that technical barrier through the most direct method possible — replacing the reader altogether. PayPal Here’s UK deployment swaps out the triangular US reader for a considerably bulkier Bluetooth peripheral that takes the newer payment method. Other elements will be familiar to anyone who’s used Here on an Android or iOS device in another country, minus the obligatory changes in currency. PayPal is partnering with a handful of UK businesses before launching Here on a wider scale in the summer — not soon enough for some, but it might save a few Brits from scrounging through their wallets just to buy some ice cream.

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Via: TechCrunch

Source: PayPal

PayPal Here goes on sale at AT&T stores: like a one-stop shop for account hiccups

PayPal Here goes on sale at AT&T stores like a onestop shop for account hiccups

PayPal Here, despite all its focus on in-store transactions, hasn’t really been available to buy in a US store — that’s been the domain of the seemingly ubiquitous Square reader. eBay’s payment wing has at last established that retail beachhead through a deal with AT&T. About 1,800 of the carrier’s stores are now carrying PayPal Here readers, and they’ll keep the service’s big rival from hogging the spotlight at a time when most aren’t even aware that there’s any competition. If you’re still cynical, you can look at the AT&T move as a matter of convenience: at least this way, all your account headaches will come from one place.

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PayPal Here goes on sale at AT&T stores: like a one-stop shop for account hiccups originally appeared on Engadget on Sat, 20 Oct 2012 21:00:00 EDT. Please see our terms for use of feeds.

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