View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
February 22, 2013

PayPal launches new mobile payment service in UK

PayPal’s new service will compete with similar services offered by iZettle and Payleven in the UK.

By CBR Staff Writer

PayPal has introduced a European version of its PayPal Here mobile payments service in the UK. The service will provide new sales methods to small merchants that earlier relied on cash or cheques.

As part of the move, the company has also unveiled a Chip & PIN device which would allow small merchants to accept credit and debit cards as well as PayPal payments.


Paypal president, David Marcus, said that the company mainly targets small businesses.

"They are the core of Paypal’s business and they’ve told us that they want a simple, secure way to take card payments anytime and anywhere they trade," Marcus said.

The new service will be available to selected UK businesses over the next few months prior to the complete launch of service in the UK by summer 2013.

PayPal will be competing against similar offerings from iZettle and Payleven.

Content from our partners
Five key challenges facing the fashion industry
<strong>How to get the best of both worlds in the hybrid cloud</strong>
The key to good corporate cybersecurity is defence in depth


Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.