"The last major innovation in retail was the credit card, and we think we are about to start the next revolution in retail. However, PayPal isn't deterred. "Shopping is going to fundamentally change more in the next three years than it has in the previous 15," Nayar said. Other companies, like Square, provide similar tools to sellers. Merchants can then accept payment by tapping the shopper's name and picture. A new "local" feature lets consumers pay by just tapping the app on their phone if they are in a store that uses the PayPal Here service. Was this article helpful Related topics Help Articles Community Posts How do I log into PayPal using QR code How do I set or change my PayPal Debit Card PIN Your new PayPal Debit Card is on its way. It recently updated its original PayPal app - not to be confused with the PayPal Here meant for merchants. Your PIN should be 4-8 digits long and something that is hard to guess. It will also be available for Android phones very soon, says Nayar.īut that's not all PayPal has been up to. PayPal Here will be rolling out soon to select small merchants. The little triangle itself doesn't cost anything, but sellers are required to pay PayPal a flat rate of 2.7 percent on any transaction. If a merchant doesn't have the new dongle they can use the app to just take a picture of the credit card. While PayPal's Internet services paved the way for small sellers to open up shop, the dongle and just an iPhone now let small stores, street merchants and others to create a very mobile, electronic cash register. The same app allows the seller to invoice the buyer or record a cash transaction. The dongle is fully encrypted.Ī companion app provides a place for the customer to confirm the transaction and sign. When plugged into the headphone jack, sellers can swipe a customer's credit card right along the top, and then process the payment on the phone using PayPal's backend. The entire solution is based around a small triangle-shaped dongle, which plugs into an iPhone. The company has a number of solutions that allow consumers to use the service to pay away from the computer, but its newest one - PayPal Here - allows small merchants and independent sellers to take credit cards right on their phones. "If you are making a purchase from your mobile phone in store, what sort of purchase is that? Is it an online purchase? The reality is it is all about multichannel retail."Īnd multiple options is exactly PayPal's strategy. "The mobile phone has revolutionized the way we shop," PayPal's director of communications Anuj Nayar told ABC News. Or at least that's the company's mission. Click it and you can pay big or small retailers online via credit card or checking account.īut the equivalent of those online PayPal buttons are going to start showing up in the world outside of your computer screen. The company's logos are frequently found on eBay pages or on other websites. Depending on the issue, you'll see an option to message us, call us, use the PayPal chatbot, or ask the community.You're likely familiar with PayPal as an online payment system. If the information you’re shown doesn't answer your question, scroll down.Depending on the issue and whether or not you're logged in, you'll see an option to message us, call us, use the PayPal chatbot, or ask the community.If the information you're shown doesn't answer your question, scroll down.Choose the issue that most closely matches your reason for contacting us.To contact us on Twitter, go to Contact Us To contact us on Facebook, go to /PayPalUSA Just log in to PayPal, go to your Message Center and choose “New Message.”
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