PayPal Here! secure iPhone card readerJuly 10, 2012
PayPal HereTM, is a new and simple way to accept credit and debit cards and PayPal, any time, anywhere, via your iPhone and a lightweight plugin device.
The devices have been shipped to early adopters who registered interest when the release was announced in early 2012.
This convenient e.commerce solution consists of an iPhone app (running on iOS 4) and a lightweight (12g) device, which is inserted into the headphone socket at the top of the iPhone.
Security benefits both vendors and customers, as the transaction can be conducted on any location (with an Internet connection), and the card does not need to leave the customer’s sight, preventing card ‘skimming’, where card data is read surreptitiously and later cloned.
The device will be particularly valuable to tradespeople and companies offering on-site services, where the ability to accept payment via a credit card, debit account or PayPal, will be an immediate, cost-effective and transportable payment solution.
Visit the official site for more information on PayPal Here!
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