PayPal launched a new mobile payment system that allows businesses to receive credit card using the supplement for the iPhone.
This new system, called PayPal Here, works the same way as the Square and will be free for small businesses and can be used to receive payments via credit card.
Application PayPal Here, which currently works only on iPhone but soon comes to Android devices, allows you to receive checks, monitors all your transactions, and receive payment via credit card terminal where say no to credit cards - for example, in a cafe.
PayPal Here it will take a commission of 2.7 percent per transaction while it is 2.75 percent of the Square. Any trader who is registered to this service will receive a PayPal debit card that allows you to raise cash at a local ATM - but not sure it would work in our area - for now.
PayPal has released a new mobile application like Square which will notify the seller when you're on your way to it where you buy something, and so will your name and photo appear on the site where it performs sales. This allows you to make all you need before you get to the store and all you need is to pay.
