Electronic payment system PayPal has introduced a new gadget called PayPal Here, which allows you to pay by credit card via your iPhone. Among the most likely users of the totally new payment solution called the small cafes, roadside shops and private enterprises from the scope of public service.

PayPal Here is a card reader – small blue triangle that is attached to the phone via a standard headphone jack. Currently only compatible accessory for the iPhone and the players, iPod touch, and will soon be available for smartphones running Android. The device encrypts the data on a plastic card with the code and the information is not stored in the phone.

Device PayPal Here, as the corresponding mobile application will be provided free of charge. The company said that on Thursday launched service will allow small businesses to avoid the costs associated with the organization of complex payment solutions and expand the acceptance of cash by cards or mobile phones in a matter of days and at minimal cost.

Payment system will charge with a fee of 2.7% of the amount transferred. In addition, PayPal offers a debit card, which will return 1% of the transaction. Thus, the Commission will be reduced to 1.7%. 
PayPal Here the company will compete with the service Square, which invented a similar device back in 2009. Reader of this company is compatible with iPhone, iPad and phones based on Android, quickly became popular in small businesses, in particular among taxi drivers. 
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Stephan Popov
When iDevice users experience problems with the iOS software or unlocking, it is not uncommon for their lives to unravel. My passion is providing answers to your problems. I help iPhone, iPad and iPod Touch users by recommending fixes for common iOS bugs and tools that improves your experience. I conduct in-depth research for every topic i cover on this blog, to ensure that I cover everything Apple users need to troubleshoot their issues. When not writing for UnlockBoot, i enjoy swimming in my backyard pool. P.S. i prefers the Maldives for holidays. Connect with me on Facebook, Google Plus and Twitter.