PayPal Here™ allows smartphones to accept credit cards and PayPal payments
TORONTO, March 15, 2012 /CNW/ - Canadian businesses that were once restricted to cash only sales can now process many more forms of payment with PayPal Here - a free thumb-sized card reader and app from PayPal that turns iPhones into a secure mobile payment system. PayPal Here makes it simple to accept Visa®, MasterCard® and American Express® cards, and PayPal payments on smartphones anywhere, anytime. It will significantly increase sales for small businesses by providing an affordable, mobile and secure way to accept multiple forms of payment.
Canada is one of the first global markets to receive PayPal Here, which is being offered to select merchants during an exclusive release period. PayPal Here will be available immediately on Apple iOS 4.0 iPhones and above, followed by Google Android devices. The service is competitively priced at 2.7 per cent for swiped card transactions and PayPal payments. The card reader device and app are free and there are no commitments and no hidden fees, making it an affordable solution for Canadian small businesses. Canadian retailers interested in receiving the free card reader can register at www.paypal.ca/here.
"This is a massive step forward in realizing PayPal's vision of anytime, anywhere, any way payments in Canada," says Darrell MacMullin, Managing Director, PayPal Canada. "We are solving a major pain point for small businesses by helping them say yes to customers who ask to pay by credit card or PayPal, without the businesses having to invest in expensive hardware and pay unexpected fees."
"It was heartbreaking as a business owner to watch customers want to buy a sandwich, but walk away from our food truck because we only accepted cash," said Zane Caplansky, owner of Caplansky's Delicatessen, and the Thunderin' Thelma food truck in Toronto. "The costs and technical hurdles associated with accepting credit cards for our mobile catering business were challenging for us to overcome. Now because of PayPal Here we can accept credit cards and PayPal anywhere our customers want to enjoy our food. It's a total game changer for us."
Also launching today is the latest version of the PayPal Mobile app for iPhone, a consumer app with features that complement the PayPal Here app for small businesses. Now PayPal's four million Canadian consumers will be able to use the "Local" feature on the PayPal Mobile app to find businesses that accept payments via PayPal Here. The "I'm Here" check-in feature on the PayPal Here app will notify businesses when a PayPal customer is in the vicinity and, once the customer is ready to pay, PayPal Here will enable the business to accept their PayPal payment just by referencing them by name and picture - without requiring the customer to take out their phone or wallet.
PayPal Here comes with an encrypted card reader and is backed by PayPal's world class fraud management capabilities -- secure, reliable and easy transaction processing and fraud protection for retailers and their customers. It is currently available as part of an exclusive release for use by select retailers in the U.S., Hong Kong, Australia and Canada, and will be widely available in Canada later this year.
Visit PayPal Canada's media centre to access product images of PayPal Here.
About PayPal
PayPal is the faster, safer way to pay and get paid online. The service allows members to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts or credit cards. With more than 106 million active accounts in 190 markets and 25 currencies around the globe, PayPal enables global ecommerce. PayPal is an eBay company. The company's open payment platform, x.commerce , allows developers to build innovative payment applications on multiple platforms and devices. More information about the company can be found at http://www.PayPal.ca
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Video with caption: "Video: Why Zane Caplansky, owner of Caplansky's Delicatessen, loves PayPal Here". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20120315_C4500_VIDEO_EN_11164.mp4&posterurl=http://photos.newswire.ca/images/20120315_C4500_PHOTO_EN_11164.jpg&clientName=PayPal%20Canada&caption=Video%3A%20Why%20Zane%20Caplansky%2C%20owner%20of%20Caplansky%27s%20Delicatessen%2C%20loves%0D%0APayPal%20Here&title=Why%20Zane%20Caplansky%2C%20owner%20of%20Caplansky%27s%20Delicatessen%2C%20loves%20PayPal%20Here&headline=PayPal%27s%20new%20mobile%20payment%20app%20and%20card%20reader%20lets%20Canadian%20small%20businesses%20get%20paid%20anywhere
Video with caption: "Video: Kirsten Menkes and Ashlee Firsten from Aromachology on PayPal Here". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20120315_C4500_VIDEO_EN_11165.mp4&posterurl=http://photos.newswire.ca/images/20120315_C4500_PHOTO_EN_11165.jpg&clientName=PayPal%20Canada&caption=Video%3A%20Kirsten%20Menkes%20and%20Ashlee%20Firsten%20from%20Aromachology%20on%20PayPal%20Here&title=Kirsten%20Menkes%20and%20Ashlee%20Firsten%20from%20Aromachology%20on%20PayPal%20Here&headline=PayPal%27s%20new%20mobile%20payment%20app%20and%20card%20reader%20lets%20Canadian%20small%20businesses%20get%20paid%20anywhere
Image with caption: "PayPal Here (CNW Group/PayPal Canada)". Image available at: http://photos.newswire.ca/images/download/20120315_C4500_PHOTO_EN_11158.jpg
Image with caption: "PayPal Here with Credit Card (CNW Group/PayPal Canada)". Image available at: http://photos.newswire.ca/images/download/20120315_C4500_PHOTO_EN_11157.jpg
Image with caption: "PayPal Here Card Reader (CNW Group/PayPal Canada)". Image available at: http://photos.newswire.ca/images/download/20120315_C4500_PHOTO_EN_11163.jpg
Image with caption: "Zane Caplansky, owner of Caplansky's Delicatessen, believes PayPal Here is a game changer for his Toronto-based business (CNW Group/PayPal Canada)". Image available at: http://photos.newswire.ca/images/download/20120315_C4500_PHOTO_EN_11159.jpg
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