PayPal Here mobile payment system coming to Europe with new hardware

PayPal Here mobile payment system coming to Europe with new hardware

Last year PayPal took on Square in the mobile payments arena with the introduction of PayPal Here — and now it’s bringing the service to Europe , albeit with some different hardware. The original PayPal Here uses a triangle-shaped attachment that hooks up to a merchant’s iPhone or Android device, allowing them to scan the magnetic strip on a customer’s credit card. For the international deployment, however, the company is using a separate scanning device — roughly the same size as a smartphone — that connects via Bluetooth to a merchant’s smartphone. It’s designed to work in concert with the more rigid set of rules and guidelines in places for such transactions in Europe; in the UK, the system is branded as “Chip and PIN.” That..

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PayPal Here mobile payment system coming to Europe with new hardware

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