PayPal Debuts Here Card Reader
PayPal Thursday unveiled its new card reader for mobile device, which will compete with Square.
PayPal Here works as a small accessory that interfaces with an iPhone app.
"Helping small businesses grow and accept payments has been in PayPal's DNA since its inception 14 years ago," PayPal's vice president of mobile, David Marcus, said in a statement. "We've heard small businesses loud and clear. They don't want to miss sales opportunities because they can't accept the payment type that their customers want to use."