Tag Archive | "PayPal"

PayPal Here Launches Two New Card Readers, Giving Small Businesses More Ways to Accept Payments

Every customer wants a swift and smooth payment transaction, with little fuss. This holds true regardless of whether they’re buying from a major enterprise or a small business. That goal is certainly possible with PayPal Here’s two new payment card readers.

PayPal recently launched a Chip and Swipe reader and a Chip and Tap reader, both of which will help users and small companies easily conduct credit card transactions anywhere.

The Chip and Swipe reader is an improved version of the company’s previous swipe-style reader. It now comes with support for debit and credit cards with EMV chip technology. Meanwhile, the Chip and Tap reader can process contactless payment options from NFC-supported devices and also accepts EMV-supported cards. The device also comes with a portable charging stand.

Image result for paypal chip and swipe card reader

Both payment readers can easily process transaction choices like Apple Pay, Samsung Pay, and Google Pay.

PayPal’s new readers have been designed with portability in mind. The two devices are about the size of a deck of cards, making it possible for small retailers and entrepreneurs to do business in any location—a country fair, the neighborhood cafe—without worrying about wires or having to carry bulky hardware. They can easily connect to any mobile device using Bluetooth technology. The readers also have a user-friendly interface and can now be used for extended periods, thanks to their rechargeable lithium-ion battery.

PayPal is offering the Chip and Swipe reader for $ 24.99 and the Chip and Tap reader for $ 59.99. Both devices will work seamlessly with the PayPal Here. The app is available via the Apple App Store and Google Play.

In a statement, PayPal In-Store’s Chief Chris Gardner stated that the company understands the “challenges small businesses face—including protection from fraudulent transactions and the costs of equipment to run their business—and constantly work to develop products and services that allow them to thrive in an increasingly competitive environment.” Their new and affordable card payment readers are their newest endeavor to help small business.

Gardner also pointed out that small and medium businesses also look for a “one-stop shop” for all their commerce and payment services. After all, these companies don’t have the time to deal with various vendors to manage all these financial activities. PayPal is determined to be the company to handle these demands. Merchants can use PayPal for their online transactions, PayPal Here for their physical processes, and PayPal Working Capital to help finance their expansion.

[Featured image via PayPal]

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You’ll Soon Be Able To Pay With PayPal At Burger King

PayPal announced that Burger King customers will soon be able to pay for their meals using PayPal thanks to a collaboration between PayPal and Tillster and one between Tillster and Burger King. This is in the U.S.

“Tillster worked with Burger King Corporation to develop the Burger King app (available for iOS and Android), which offers customers increased convenience and savings,” PayPal chief product officer Hill Ferguson says. “With the Burger King App, guests can receive exclusive offers and discounts at BK restaurants, find their closest BK restaurant, and browse the menu and nutritional information.”

“We will be rolling [it] out later this quarter across the United States to all locations,” Ferguson adds. “BK restaurant guests will be able to securely pay with PayPal by simply launching the app and when they select to pay with PayPal they will be prompted with a four digit pin to pay.”

We seem to be officially entering the era of paying for fast food with non-traditional means. Taco Bell launched a new mobile app last week to much fanfare, enabling users to order and pay using their smartphones.

PayPal also announced that it’s been working with GoDaddy on its new Online Store to offer businesses ways to build e-commerce websites.

Image via PayPal


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