PayPal unveils new contactless card readerMarch 3, 2015 - 11:14 AMT PanARMENIAN.Net - PayPal is launching a new card reader that will accept contactless payments, Digital Spy reports. The new machines will come with NFC technology built-in, benefiting hundreds of small business and market traders who accept payment through the system. Like the previous chip-and-PIN-only reader, PayPal will take a small fee from each transaction and will charge traders a one-off fee for the new reader (although exact pricing and fees are yet to be specified). The technology will also allow payments from smartphones using other services, including the company's own PayPal Here app. PayPal will release its newest machine in the UK by the summer and plans to roll it out to Australia and the US. At MWC this week, Samsung and Google both unveiled new mobile payment systems. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |