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PayPal adopts contactless payments with PayPal Here NFC-enabled Chip and Pin

on Mar 2, 2015 | 0 comments

By John McCarthy

PayPal has unveiled a new NFC enabled version of its PayPal Here Chip and PIN card reader.

The card reader, which will enable contactless card payments from debit and credit cards, will be released in the UK and Australia summer 2015 with a US launch set to follow later in the year.

PayPal Here, aimed specifically at businesses on the move such as traders, photographers or caterers, will also allow firms to log cash and cheques and send invoices and receipts – also accepting contactless NFC-based payments.

Narik Patel, director of mobile merchant services at PayPal UK, said: “PayPal Here has been a Read full story ›

Source: The Drum