This year at MWC PayPal launches a new product in the payments market, demonstrating be aware of the innovations and progress made in this industry. Currently PayPal covers up to 203 markets due to its scope and with its flexible technology allowing theusers to save money and time from a simple and safe consumption experience.
The PayPal system is designed for the customers but also for marketers and its main goal is to support the growth of their business, making them reach more customers. Users will have the new Paypal Here Chip equipment and the new card reader with PIN, with NFC technology support in the UK and Australia this summer and at the end of the year in the US.
With this strategy, the company plans to not only continue to simplify their system but also accelerate the acceptance of different and safe payment methods, regardless of the type of business they have. The new way of payment with PayPal Here Chip and Pin card reader and with NFC technology support will allow pairing a smartphone or tablet via Bluetooth. With the the application PayPal Here, (compatible with Android and iOS) users can make payments in a quick way, just by lean their smartphone to the screen player until its recognized.
This is good news for marketers that with this technology could manage their business. In addition to use simplified forms of payment they also could use the application to control all processes inherent to sales processes, including money management and checks and sending bill and receipts.
Traders who want to get this technology will have to pay a one time fee that applies to the reader (still no price defined) and also a small fee per transaction applied. The application can be downloaded from Google Play and iTunes App Store. And the readers will have to be ordered online or directly from the PayPal Here app.