I saw the information about a new paypal card reader pop up on paypal a few weeks ago, here is some background information about the card reader comparing it to the square card reader. I know that some of you are happy with their squares, so what do you think of this new reader, does it offer an advantage?


Source: http://gigaom.com/mobile/paypal-here-card-reader/

Today was PayPal’s chance to share with the world that it could provide some serious competition to the startup payment processor Square, with its own mobile-centric dongle for accepting credit card payments on the go.

We already knew the rough details of what it was announcing: that PayPal would come to market with a portable card reader for accepting credit card payments on the go. Today’s press conference was all about showing how PayPal, late to the game in some respects, would beat Square, the smaller but more nimble startup in the mobile payments space.

Did it succeed?

A lot of PayPal’s messaging was about its existing dominance in the merchant services business and in mobile payments. Prior to the start of the press conference, the company replayed an impressive array of stats over and over before the media audience. For instance:

  • PayPal hit $4 billion in payments on mobile devices in 2011
  • PayPal is expected to beat $7 billion in mobile payments in 2012.
  • PayPal had more than 17 million active mobile users, compared to 8 million in June.
  • Merchant services total payment volume was $22 billion in the fourth quarter 2011, up 29 percent year-over-year
  • Its merchant services accounted for 66 percent of PayPal’s total payment volume, with $77 billion precessed in 2011. That’s up 36 percent year-over-year.
  • PayPal adds more than 1 million consumers a month, with more than 100 million accounts worldwide.

But move past the numbers and the highlight of the presentation was the card reader and availability of mobile apps — one for businesses and one for consumers — that are designed to allow PayPal merchants to get payment for objects and service online and offline.

The card reader itself is about what you’d expect: It has a triangle shape (in contrast to the Square reader), and allows merchants to swipe and get payments immediately. But where PayPal’s pitch shines is in its ability to allow PayPal Here merchants to accept payments for goods whether the sale happens in person or from online inventory. Frankly, that gives a lot of flexibility that Square can’t offer today.

The PayPal Here app also looks pretty slick, and allows for transactions beyond just swiping a credit card. It also allows them to take a picture and scan a credit card when the reader isn’t available thanks to Card.io, or scan a check and receive instant credit. And finally, merchants can also keep track of cash transactions. They can charge instantly using the “Simple” interface, or can create an inventory of products and services to add to a transaction, and even send an invoice to customers.

Merchants will be charged a flat 2.7 percent fee for all transactions, which is slightly lower than Square’s 2.75 percent. But it’s trying to sweeten the deal for merchants by offering instant access to all funds and a debit card that will enable merchants to take cash out. Also, that debit card will offer 1 percent cash back on all purchases, which PayPal says can bring the effective rate to 1.7 percent for those who use PayPal’s merchant service and debit card.

SOURCE:

Continue reading this blog on http://gigaom.com/mobile/paypal-here-card-reader/

Tags: business, card, comparison, crafthaus, eMerge, payments, paypal, reader, small, square

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A modern metalsmith/metal artist can be found working in traditional metals as well as in nontraditional materials. The designs can range from the classic to the extravagant, and the techniques can either be centuries old or decidedly current.

The wide range of expression preferences, design options, materials, and processes has lead within our field to unfavorable misconceptions, misunderstandings and in some cases even outright disdain between artists. Can the metal and jewelry field overcome its division and send out a much-needed signal?

We appreciate and respect our historical past and acknowledge that current materials have a rightful place in jewelry/object making!

Arriving at this message is the goal of this traveling exhibition opening at the SNAG conference in Boston 2015, Velvet da Vinci, San Francisco, CA - Aug 19 - Sept 20, 2015, Equinox Gallery, San Antonio, TX - Oct 16 - Nov 15, 2015, Baltimore Jewelry Center, Baltimore, MD - Dec 11, 2015 - Jan 08, 2016, Brooklyn Metal Works, Brooklyn, NY - Feb 5 - Mar 4, 2016, Thomas Mann's Gallery I/O April 1 - June 25, 2016.

DETAILS on exhibition premise, call for artists, submission guidelines.....

OFF TO THE RACES:

Rachel and Brigitte got started on their own cooperation. Follow along and comment.

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Texas!

I've just got back from almost a week in the Lone Star State which I was visiting on the invitation of my friends and colleagues, James Thurman and Umut Demirguc Thurman. What a trip! Based in Denton, Dallas, the main reason for my visit was to speak to the students at the University of North Texas and to work with them on a couple of practical workshops. Before…See More
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Instill - Material Matters 2014 - The School of Jewellery at Birmingham City University, UK

INSTILL- material matters offers an opportunity to experience the recent works by MA postgraduates from The School of Jewellery at Birmingham City University, one of the most important and internationally renowned contemporary jewelry programs in Europe.

Crafthaus has been privileged to show work from the graduating jewelry classes of the Birmingham City University for the past 5 years in a row. Thank you Professor Astfalck for this wonderful opportunity!

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