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