PayPal Here: an innovative gadget for payment by credit card through a smart phone

Our generation has practically subdued new technologies, and on pleasure of a shopaholic has thought up a gadget which allows to make purchases and to pay their plastic card in any place where “catches” a mobile phone. The device is called PayPal Here and it is intended for smart phones on base iOS and Android.

The small dark blue triangle with logo PayPal is something to averages between card-reader and the payment terminal, and is connected to phone in a nest for ear-phones. It is necessary to establish the corresponding software on a mobile phone, to photograph the credit card and to allow to the program to “remember” its appearance, – and voil?, the universal payment system is ready. 

 

 

It is expected that representatives of small-scale business and small retail dealers will become interested in a wonderful gadget, first of all. The payment system will raise the commission at a rate of 2,7 percent from the payment sum, but on a debit card which PayPal will give out to each owner of a treasured dark blue triangle, 1 % from transaction will come back. Thus, the Commission will reduce to 1.7 percent, and the comfort of mutual settlements – significantly increase. When the development will pass the first “field tests”, still it is not known.