PayPal Here Chip Card Reader Takes Swipe at Bitcoin?

PayPal Here Chip Card Reader Takes Swipe at Bitcoin?

Online payments giant PayPal recently launched a new product called PayPal Here Chip Card Reader which allows merchants to accept various forms of digital payment such as Apple Pay, Android Pay, and EMV-enabled cards. It is available for US retailers, in-store merchants, and customers. The PayPal Here Chip Card Reader is currently offered at $49 for US retailers if they can be able to process at least $3,000 worth of transactions within the first three months. If not, the retail price of the card reader is at $149. PayPal vs. Bitcoin. Following its split with online retail company eBay,....


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PayPal Here Chip Card Reader Mimics Bitcoin in Backwater Way

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CoinJar Publishes More Information on Bitcoin Debit Cards

One of several companies working to offer consumers a practical means of spending bitcoin at merchants not yet on the cryptocurrency train is Australia's CoinJar. The country's largest bitcoin-related company, they've just today released some additional information with reference to their bitcoin debit card. Dubbed the 'Swipe' card, CoinJar wrote Wednesday on their blog that they have released about a hundred of their bitcoin debit cards to individuals in their early access program, and they've provided some interesting details that should answer the questions of those interested in....

CoinJar Trials Consumer-Friendly Bitcoin Debit Card in Australia

I am persuaded that the Bitcoin economy should become "real," with less speculation and more use as a currency to buy goods, so I welcome innovations that make spending Bitcoin easy for consumers. Australian company CoinJar unveiled the country's first Bitcoin debit card, which seems especially user-friendly and integrated with the existing Australian payment infrastructure. The new CoinJar Swipe card can be charged in Bitcoin and will allow users to purchase goods at EFTPOS terminals. The EFTPOS (Electronic Funds Transfer at Point of Sale) payment network is widespread in Australia and....

Quotes

While much of the evidence is still anecdotal, there is consensus that commercial child pornography, sexual exploitation, sex trafficking and other criminal enterprises are increasingly moving to a new unregulated, unbanked digital economy.

Ernie Allen, president and CEO of the Center for Missing and Exploited Children