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PayPal Here

PayPal Here, the triangle-shaped mobile credit card-swiping gadget is here and is in direct competition with Square.
 
Square currently holds the market with over $4billion transactions being processed every year, however PayPal Here has a slightly different strategy as they also try to migrate into offline, physical transactions. 
 
Predominantly PayPal Here is for merchants however its consumer app is also being expanded.
 
Read the full story here
 

Image with thanks to paz.ca