The Paypal Here Mobile Card Reader is Getting a Tap-to-Pay Update
Michael Hemsworth — September 29, 2015 — Tech
References: paypal & thegadgetflow
The original Paypal Here revolutionized the way small business owners accept payment, but now the Paypal Here Mobile Card Reader is getting a much anticipated update. Set to release in October 2015, the new Paypal Here Mobile Card Reader will feature swipe technology in addition to chip and pin technology and the coveted tap-to-pay technology. This innovative update will make mobile payments for small business owners that much more efficient, effective and safe for customers.
Powered by EMV chips, which is a worldwide leader in chip card technology, the Paypal Here Mobile Card Reader features enhanced security features that will allow businesses to ensure customers that while they might not be using a large kiosk to pay that their information is no less secure.
Powered by EMV chips, which is a worldwide leader in chip card technology, the Paypal Here Mobile Card Reader features enhanced security features that will allow businesses to ensure customers that while they might not be using a large kiosk to pay that their information is no less secure.
Trend Themes
1. Mobile Payment Solutions - The Paypal Here Mobile Card Reader is improving the way small business owners accept payment with an innovative update, including tap-to-pay technology.
2. Contactless Payment - The tap-to-pay technology integrated into the Paypal Here Mobile Card Reader offers a disruptive innovation for the future of payment processing, creating more efficient and secure mobile payment solutions.
3. EMV Chip Card Technology - The Paypal Here Mobile Card Reader's integration of EMV chip card technology offers a disruptive innovation that enhances security features, making payment processing even safer for businesses and customers.
Industry Implications
1. Financial Services - The financial services industry can leverage mobile payment solutions and contactless payment technology to offer efficient and secure payment processing that can help build trust with customers.
2. Retail Industry - The retail industry can adopt EMV chip card technology and tap-to-pay innovation to make payment processing safer and more efficient for customers, creating a seamless shopping experience and boosting sales.
3. Small Business Industry - Small businesses can benefit from the Paypal Here Mobile Card Reader's update with contactless payment technology, offering a more flexible and secure payment solution that improves customer experience and builds loyalty.
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