Android Central : PayPal is rolling out its Here mobile card reader in the US, which will be available to businesses from September 30. The reader accepts magnetic stripe cards as well as the newer chip-based cards, and supports contactless payments via NFC, including Android Pay, Samsung Pay, and Apple Pay.
PayPal is looking to capitalize on the upcoming changes coming to point-of-sale terminals. Credit issuers Visa and MasterCard have announced that starting October 1, merchants who have not upgraded their terminals to securely process chip-embedded cards will have to cover the costs of any point-of-sale fraud themselves. With the liability shift catalyzing the move to EMV (Europay, MasterCard, and Visa) readers, companies like PayPal and Square are eager to market their offerings to merchants.
Click Here To Read More.
No comments:
Post a Comment