PayPal Here By Behar
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Geometry fans will be excited: A triangle is about to do battle with a square. Yves Behar has designed the new PayPal Here device, a triangular, swipe-accepting dongle that plugs into your iPhone. It’s stiff competition for the Square, the incumbent credit-card-swiping phone plug-in that doesn’t have PayPal’s monstrous infrastructure behind it.
While the device looks a bit strange—that part on the front that moves, presumably to uncover the swipe channel, looks like it’s going to fall off, no?—the demo of how it works seems pretty smooth:
As a merchant I probably would not want you to put your disgusting fingers all over my smartphone, but this does seem a much more elegant way to perform a transaction than having to sign a slip of paper. Bic and the companies that make receipt paper and receipt printers ought to start looking into alternate forms of revenue.
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