Jasper
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| posted on 13/5/13 at 11:53 AM |
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New mobile Paypal credit card machine
For those of you who run a small business and have to take credit cards away from a landline, Paypal are introducing a new gadget that works with
smart phones, so there'll be no need for expensive monthly rentals of the existing mobile machines that we've had to use up till now. I
believe there's still testing them at the moment with traders in Shoreditch market, then rolling them out later in the summer:
https://www.paypal.com/uk/webapps/mpp/credit-card-reader
Even with the extra Paypal charges it's got to be cheaper than renting those terminals.
If you're not living life on the edge you're taking up too much room.
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Slimy38
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| posted on 13/5/13 at 12:47 PM |
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I saw those on a BBC news report, talk about hitting an untapped market. They were saying that the costs are a tiny fraction of a typical Barclays
terminal.
I would be very wary about security though, both as a trader and a customer.
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Bluemoon
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| posted on 13/5/13 at 01:25 PM |
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quote:
Originally posted by Slimy38
I would be very wary about security though, both as a trader and a customer.
Yep, as a customer I would be suspicious of sad device o.k. if you know the small company personally other wise it might put the customer off... If
paypal made the keypad bit look like a normal terminal all would be fine...
Dan
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FASTdan
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| posted on 13/5/13 at 01:31 PM |
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quote:
Originally posted by Slimy38
I saw those on a BBC news report, talk about hitting an untapped market. They were saying that the costs are a tiny fraction of a typical Barclays
terminal.
I would be very wary about security though, both as a trader and a customer.
Not quite an untapped market..... 
izettle
Infact, unusually paypal seem to be some way behind as looking at the link some quite fundamental information hasn't even been firmed up yet,
let alone device availability.
I have an izettle - purely for use at shows and I have to say its fantastic. As has been said it completely blows traditional terminals out of the
water, especially for a small time user like me who only wants it for a few shows a year - for whom monthly rental is completely out of the
question.
1-off payment of £50, job done. Think they're £100 now though as the price I paid was an introductory offer. 2.75% transaction fee which is
pretty much inline with any other similar device.
Gotta love technology sticking it to the big money grabbing corporates (sage, streamline etc) :-)
[Edited on 13/5/13 by FASTdan]
[Edited on 13/5/13 by FASTdan]
NEW danST WEBSITE NOW LIVE! Bike carbs, throttle bodies and more......
http://www.danstengineering.co.uk/
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NOTE:This user is registered as a LocostBuilders trader and may offer commercial services to other users
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Jasper
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| posted on 13/5/13 at 01:48 PM |
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Ahh, that looks good, first I've heard of it, strange how it's not got the news coverage that the Paypal one is getting and it's
already out there and working. We do about 6 shows a year so this will be really useful, cheers.
Actually I remember it on the BBC News web site last year, but they were still having trouble with Visa, looks like it's sorted now.
And just ordered one, thanks mate looks really good 
[Edited on 13/5/13 by Jasper]
If you're not living life on the edge you're taking up too much room.
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FASTdan
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| posted on 13/5/13 at 02:40 PM |
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quote:
Originally posted by Jasper
Ahh, that looks good, first I've heard of it, strange how it's not got the news coverage that the Paypal one is getting and it's
already out there and working. We do about 6 shows a year so this will be really useful, cheers.
Actually I remember it on the BBC News web site last year, but they were still having trouble with Visa, looks like it's sorted now.
And just ordered one, thanks mate looks really good
[Edited on 13/5/13 by Jasper]
No problem. Yes they sorted the visa thing - I think initially they had some workaround but now it's just like any other. Mine did take about 3
weeks to arrive, not sure what they quote for delivery time or why it took so long (possibly teething issues in the supply chain as it was quite new).
NEW danST WEBSITE NOW LIVE! Bike carbs, throttle bodies and more......
http://www.danstengineering.co.uk/
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NOTE:This user is registered as a LocostBuilders trader and may offer commercial services to other users
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Slimy38
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| posted on 13/5/13 at 02:53 PM |
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quote:
Originally posted by FASTdan
Not quite an untapped market.....
izettle
Infact, unusually paypal seem to be some way behind as looking at the link some quite fundamental information hasn't even been firmed up yet,
let alone device availability.
I have an izettle - purely for use at shows and I have to say its fantastic. As has been said it completely blows traditional terminals out of the
water, especially for a small time user like me who only wants it for a few shows a year - for whom monthly rental is completely out of the
question.
1-off payment of £50, job done. Think they're £100 now though as the price I paid was an introductory offer. 2.75% transaction fee which is
pretty much inline with any other similar device.
Gotta love technology sticking it to the big money grabbing corporates (sage, streamline etc) :-)
Wow, the amount of fuss Paypal and the BBC were making it was like they were breaking new ground with only BMS to get in their way. I have to agree
with Jasper, very strange news coverage.
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FASTdan
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| posted on 13/5/13 at 02:57 PM |
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quote:
Originally posted by Slimy38
Wow, the amount of fuss Paypal and the BBC were making it was like they were breaking new ground with only BMS to get in their way. I have to agree
with Jasper, very strange news coverage.
Who knows......probably all revolves around the big players and who's in bed with who 
I heard that the EU blocked 'Google Wallet' (another wireless tap-to-pay system) initially and only now have allowed it - again probably
all down to who stands to loose out by the introduction of new accessible payment systems.
NEW danST WEBSITE NOW LIVE! Bike carbs, throttle bodies and more......
http://www.danstengineering.co.uk/
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NOTE:This user is registered as a LocostBuilders trader and may offer commercial services to other users
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Wadders
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| posted on 13/5/13 at 04:35 PM |
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Iv'e had something similar from Worldpay for ages, works a treat, no monthly or upfront charges, 65p for a debit card transaction,
credit card charges are a bit steep at 3.3%, but i just pass it on to the customer after explaining the additional cost. You have options to send them
an email or txt msg receipt.
Al.
[Edited on 13/5/13 by Wadders]
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Jasper
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| posted on 14/5/13 at 08:59 AM |
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quote:
No problem. Yes they sorted the visa thing - I think initially they had some workaround but now it's just like any other. Mine did take about 3
weeks to arrive, not sure what they quote for delivery time or why it took so long (possibly teething issues in the supply chain as it was quite new).
They are quoting 1-2 week delivery, no rush though as our shows don't start again till September
If you're not living life on the edge you're taking up too much room.
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