PayPal Here is on general release at the price of £79.95 (inc VAT).
- Trusted household name, customer confidence
- 1 machine per account, multiple users possible
- Face to face payments only (not over the phone)
- 2.75% transaction charge, heavy users will find better rates elsewhere.
PayPal Here Features
- Cost £79.95 (inc VAT)
- Available for iOS and Android
- 2.75 % transaction fee for Chip and PIN, 3.40% + 20 p for mag stripe or manually input
- All major payment cards and PayPal accepted
- Tech: Bluetooth
- For UK businesses (not individuals).
PayPal Here allows small businesses to accept card payments using the chip and PIN reader and a smartphone. Multiple users can use the device on one account, products can be pre-saved in the app and receipts can be printed if you are using the iPhone or iPad app. When a payment is made the funds are available immediately in your PayPal account.
According to PayPal, PayPal Here is suitable for a variety of small businesses but is particularly aimed at mobile businesses such as market stalls, taxis and the trades.
To begin accepting card payments with Paypal Here you need the card reader and free app on your mobile device. The card reader should be paired with your mobile device by Bluetooth. To take a payment either input the cost and description into the app or select a saved item/s then hand the card reader for the customer to input the card details. Once the transaction is complete an electronic receipt can be sent to the customer, or print one off if you have a mobile printer connected.
There are many mobile chip and PIN readers now available in the UK and while additional features are available elsewhere customers can draw confidence from the PayPal brand. In terms of price the cost of the PayPal Here card reader is similar to the other devices. For instance the iZettle card reader is currently £59 + VAT, Payleven’s is £49 + VAT and Worldpay Zinc’s reader is £79.99.
A couple of other things you may want to consider are the use of multiple machines under one account and taking card not present payments, for instance over the phone. Neither of these functions are currently available with PayPal Here. For multiple machines under one account try Payleven or Handpoint. If you wish to take card payments over the phone in addition Intuit Pay and WorldPay Zinc offer this feature.
There are several other articles and reviews covering other card readers. If you are considering buying a mobile chip and PIN machines be sure to check them out. If you have any questions please feel free to use the contact form.