Anuj Nayar

I was in the UK recently, where the new PayPal Here reader is now available. It's awesome and allows merchants to take both EMV and Mag stripe credit cards, as well as PayPal and NFC in one device.


We had a little fun and did a payment from an Apple Watch while I was there. You can see the video here.
There's more than 58 million contactless cards being used in the UK (and spending on them tripled in 2014), and for small businesses the new reader will help make sales easier and faster - two factors key to driving up spending.

In the UK,you buy the device for £79.95 (about US$120)and then pay a small fee to PayPal for each sale you make.

This technology will debut next in Australia and then the US to make it simple for merchants, whenever and wherever they do business.

Anuj Nayar, Senior Director of Global Initiatives, PayPal
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