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 | Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. |