PayPal Here Ideal For Tradies And Small Businesses

  • Swipe devise free for first six months
  • Ideal for mobile businesses
  • Personalise internal inventory

PayPal has launched PayPal Here, a smartphone application and accessory that turns a mobile phone into a mobile credit card reader.

PayPal Here enables small businesses, service providers and casual sellers to accept credit card and PayPal payments via their smartphone, completing transactions wherever they are.

Claimed to be simple to use, the encrypted card reader is a lightweight device that attaches to a smartphone. Combined with the application, PayPal Here accepts credit card and PayPal payments, in addition to tracking cash transactions and allowing merchants to directly invoice customers. It was designed to allow merchants and tradies to process, manage and track payments whilst on the move.

Although there are no set up costs, users will be charged a fee per transaction. The transaction fee is 2.4 percent plus 30 cents for swipe transactions, and 2.9 percent plus 30 cents for manual key-in and scanned transactions. There are no monthly or set up fees.

Users will need a Premier or Business PayPal account which can be linked to their existing bank account. Payments are deposited immediately into the sellers PayPal account.

Businesses will be able to personalise their internal inventory on the PayPal Here application and provide company-branded and itemised invoices to customers via email or SMS. By amalgamating all payment information into one place, merchants can manage the cash flow of their business whilst on the move. 

With the launch of PayPal Here, PayPal is updating its consumer mobile application to enable an innovative ‘check-in feature’. Customers can check-in to any store accepting PayPal Here and the merchant is instantly notified. Once the customer has placed their order, the merchant can process the payment with PayPal, creating a seamless payment experience, where the customer never even needs to reach for their wallet. 

PayPal Here is currently available on iPhones to a select number of merchants participating in an exclusive release of the solution, with general release expected in the near future. The Android version is also expected for general release soon. The smartphone swipe device will be free for any business owner who registers their interest via the PayPal Here microsite in the first six months from launch.

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