Originally posted on TechCrunch:
The PayPal Here card reader, PayPal's hardware device that lets merchants accept credit and debit card payments through a dongle attached to their iOS or Android device, is being updated with support for EMV and contactless transactions, the payments company announced today at the National Retail Federation conference taking place this week in New York. An alternative to competitors like Square, the new reader will allow PayPal merchants to accept transactions via any chip card, magnetic strip, or contactless payment form, including mobile wallets.
Additionally, PayPal announced its Here SDK and soon, its mobile app, will be compatible with Microsoft Surface Pro 3, and other devices running Windows 8.1.
EMV Card Reader
Support for EMV transactions will come ahead of the U.S.'s October 2015 deadline that requires card issuers to move from less secure magnetic stripe cards to EMV-based chip-and-pin cards, the latter which are already widely used in other parts of...
