Have you guys seen this? Paypal here....

49 replies
Umm, this is ...err, pretty amazing ???


Ive never seen anything like this before?
#guys #paypal
  • Profile picture of the author Tadresources
    Very cool, though personally I don't think I'd have many opportunities to use it. It will be great for people with on the go businesses like the one mentioned in the advert.
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  • Profile picture of the author ryanman
    I am not sure about the signature part but other than that this is brilliant.
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  • Profile picture of the author Exel
    Pretty amazing. I can't think at the moment much use for it but am sure there is.

    Also, with the expansion of mobile industry I'm sure in time this is going to be staple accessory.
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  • Profile picture of the author Arroway
    The future is on its way, though to me the real future will have arrived once we don't have to rely on PayPal anymore. Brick and mortar banks need to take the next step and so similar things.
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    • Profile picture of the author Black Hat Cat
      Banned
      Originally Posted by Arroway View Post

      The future is on its way, though to me the real future will have arrived once we don't have to rely on PayPal anymore. Brick and mortar banks need to take the next step and so similar things.
      You don't have to rely on Paypal now, so it appears that the future has arrived.
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      • Profile picture of the author John Romaine
        Originally Posted by Black Hat Cat View Post

        You don't have to rely on Paypal now, so it appears that the future has arrived.
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  • Profile picture of the author John Romaine
    You know to be honest, Im not sure Id be comfortable handing just "anyone" my credit card to be swiped on their phone.

    This seems like great technology, but is it safe?

    Apart from of course, someone running off with your phone
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  • Profile picture of the author mattflynn
    Very cool, for sure, but I'm not seeing what the application would be? Its definitely hi-tech though!
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    • Profile picture of the author RonnyRaygun
      Originally Posted by mattflynn View Post

      Very cool, for sure, but I'm not seeing what the application would be? Its definitely hi-tech though!
      For those in the offline space, when going door to door, it's less hassle for a business owner to just hand you a CC than to write out a check.
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    • Profile picture of the author Rashell
      I've seen something similar at a regional quilt show.

      I wonder if it would work on an iPad?

      Rashell
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      • Profile picture of the author Hooker
        There are a couple of other companies doing this already. I was actually going to try it in my office, but the reviews were a bit scary...people having their accounts frozen, money disappearing, and abysmal customer service.
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  • Profile picture of the author John Romaine
    Next you'll be able to get cash out on a toaster.
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    • Profile picture of the author BIG Mike
      Banned
      [DELETED]
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      • Profile picture of the author John Romaine
        Originally Posted by BIG Mike View Post

        You don't yet?
        I tried once with a fork, but got a chargeback.
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      • Profile picture of the author John Romaine
        Originally Posted by fluffythewondercat View Post

        Sell credit card numbers on your favorite forum.
        Sounds like a profitable fiverr gig
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  • Profile picture of the author Kingfish85
    It's convenient however, with the exploits increasing for mobile device security, I would never use something like this, especially swiping credit cards. It's unbelievably easy to exploit bluetooth & wireless networks.
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  • Profile picture of the author renukoot
    I had read this in this forum only, then get a link of the PayPal News, actually they have started this now in some countries as of now. Presently available for I-Phones. Will be soon available on Androids too.

    This is alternatively already available in market in I-Phones & Android. Many Companies are providing these services already.

    John - Your fear is genuine, then they use SSL Services and also other Safety measures but yes still the downs are there. But that also here too.

    But remember when Internet started peoples were afraid to do transaction online with Credit cards, but now a days that's common, so this will be too. Let it evolve, may be this would be IMr's next most sorted way to accept payment as the Mobiles Surfers are now on the rising trend.
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  • Profile picture of the author Brian Tayler
    This is nothing new but using an iPad with a non-paypal credit card terminal using an Authorize.Net gateway account would be MUCH better. Which I have done successfully.
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  • Profile picture of the author NicoleBeckett
    That is definitely cool! I wouldn't have a whole lot of use for it in my business, but it's certainly a great way to do business without having to pay a separate credit card merchant or buy extra processing equipment.

    Let me know when the cash toaster video hits YouTube
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  • Profile picture of the author AceOfShirts
    The company I promote has had one for over a year now.

    Like a previous poster mentioned, I wouldn't get one for PayPal if you have the option of getting one from a different provider. If PayPal freezes your account you are double screwed.

    You don't even need a merchant account for the one in my signature. It will deposit directly into your checking or savings account.
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  • Profile picture of the author rosetrees
    I signed up a few weeks ago for the launch of something similar - I think there is already a similar service you can use in the US, is it Square or Toast or something similar?

    Anyhow - it would be great for using with my clients. Many still pay me by cheque, but I'm sure would be happy to use something like that. I don't think them running off would be an issue, as mostly we're standing in their kitchen or office when it comes to payment time!
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  • Profile picture of the author gripex
    Ya the signature seems a bit weird.

    Now depending on your business, I'm not sure how the customer would feel about having thier card swiped on a phone, in this day and age with storys about identity theft everywhere it might make your buyer feel awkward.

    I saw it this morning, looks pretty cool though, good way to get debts paid. "Oh Hai there you are, wanna gimme that $50 you owe me? Just slide your card here." done, lol
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  • Profile picture of the author Fernando Veloso
    Whats up with the toasters today? lol

    Paypal is trying to dominate the market, good for them! Hopefully they'll be able to keep their feet on the ground...
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    • Profile picture of the author AdwordsMogul
      Yeah, I'm setting up new dance venues, I could use something like this instead of paying extra for terminals.

      There two things that bother me though:

      1. Customers not trusting, therefore not swiping.
      2. Customers accusing you of stealing their money later on.

      Cute gadget, the thing is it lacks credibility.
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  • Profile picture of the author Troy_Phillips
    Here is a free one .. merchant account charges lower fees than pay pal and the money goes in YOUR account.

    Mobile Payment Processing | Phone Swipe
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  • Profile picture of the author Josh Anderson
    This has been around for a little while now: https://squareup.com/

    I have one and it works great.

    It's free and simple to sign up, the app is free, and they send you the card swiper for free to.

    Also the rates are slightly lower than paypal's 2.9% rate.
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  • Profile picture of the author NACAdam
    yeah that is way sick
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  • Profile picture of the author paul_1
    now that's really cool... I hope that card also works on other phones...
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  • Profile picture of the author makingiants
    If it works on iPad's touch screen, maybe they can
    attach it to a chain and a brick, just like the old gas
    stations did with their bathroom keys

    Kidding...

    Serioously, have an iPad-type larger machine that
    users can swipe to pay. This eliminates the need for
    cashiers. Sorry cashiers...


    Vince aka makingiants
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  • Profile picture of the author Mike Ogbin
    I think that PayPal will increase the charge fees as a result of that new high-tech

    Just assuming, In my opinion PayPal has the highest charge fees because is famous like Sony and others giant companies these days
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  • Profile picture of the author Doherty192
    Seems like a great idea for some of my friends in the offline world. Could definitely make their life easier!
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  • Profile picture of the author LegitIncomes
    Originally Posted by John Romaine View Post

    Umm, this is ...err, pretty amazing ???

    YouTube - Broadcast Yourself.

    Ive never seen anything like this before?
    I started a thread on this a couple days ago....I thought it was pretty cool too.

    http://www.warriorforum.com/main-int...very-cool.html
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    • Profile picture of the author John Romaine
      Originally Posted by LegitIncomes View Post

      I started a thread on this a couple days ago....I thought it was pretty cool too.

      http://www.warriorforum.com/main-int...very-cool.html

      Bugger. Sorry dude. I did do a search before posting but didnt see anything.
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      • Profile picture of the author LegitIncomes
        Originally Posted by John Romaine View Post

        Bugger. Sorry dude. I did do a search before posting but didnt see anything.
        No big deal.
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    • Profile picture of the author James B
      Originally Posted by nickhumph View Post

      This is the same thing as SQUARE www.square.com

      Paypal sooo copied this idea

      Haha, I agree. Squareup.cm is the same thing but in a small white box format. Although they may had that edge of being first, they also hold your funds and offer poor customer service. Lets hope that paypal learns from squareup and diverts to the customers access of funds.

      Oh wait.. same problems, different method of paying..
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    • Profile picture of the author celente
      Originally Posted by nickhumph View Post

      This is the same thing as SQUARE www.square.com

      Paypal sooo copied this idea
      Yes, you are correct I have known about square....but Thanks johnny...that video was awesome man.
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      • Profile picture of the author LegitIncomes
        Originally Posted by celente View Post

        Yes, you are correct I have known about square....but Thanks johnny...that video was awesome man.
        Well, it's not EXACTLY the same as Square, as far as I can tell anyway (I may be wrong).

        It looks like with the Paypal version you can accept Paypal and Checks...both of which you cannot accept through Square.
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  • Profile picture of the author Regional Warrior
    John

    Put this up about 4 days ago from the PayPal launches mobile payment device !
    Was on the SMH website

    Jason
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  • Profile picture of the author BudgetSEO
    Seems squaredup has competition.
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  • Profile picture of the author Fatmir
    That look pretty cool.
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  • Profile picture of the author zerofill
    You can get a stylus to use if you are worried about the signature. But most people just scribble anyway hehe.
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