PayPal Offers PayPal Here Customers Free Payment Processing

Content Manager

PayPal announced this week they will be offering free payment processing through the rest of the year for some U.S. businesses that use its PayPal Here mobile payment system, according to an article on

According to an announcement by David Marcus, president of PayPal the new program known as the “Cash for Registers” program will accelerate the inevitable transformation of retail. They will offer free credit, debit card, check and PayPal processing for the remainder of the year to any qualifying U.S. business turning in this dusty old cash Register in exchange for a modern solution like PayPal Here – iPad, card reader, iPad stand, cash drawer and printer.

PayPal Here launched in March 2012, and took a 2.7% fee, though each merchant that signed up got a PayPal debit card, which earned the merchant back 1% instantly, taking the cut down to 1.7%, according to the Mashable article.

In addition, PayPal will be make participating businesses known to their 55+ million U.S. customer base, and drive meaningful incremental business to them stimulating the vibrant small business community in the U.S., according to the announcement.

PayPal Here’s competitor Square charges 2.75% fee for every transaction, though the company also offers a program where participating companies can pay $275 monthly in lieu of per-transaction charges, according to the Mashable article.

Other competitors like VeriFone Payware takes $49 yearly activation fee, though ‘additional merchant fees may apply’ according to the Mashable article.  Intuit GoPayment takes a 2.7% cut of every transaction unless you opt for a high-volume plan that offers a 1.7% rate with a $12.95 monthly fee.  Intuit also offers a debit card, like PayPal does but does not give merchants 1% back instantly.



Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Comments are closed.