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During eBay's
earnings call today, eBay CEO and President John Donahoe said that over 200,000 merchants have signed up for
PayPal Here,? the company's Square-like mobile payments hardware and software platform for small businesses. We haven't seen any sign-up numbers for the mobile payments service since PayPal revealed it was seeing
1,000 new registrants per hour for the new service. As you may have heard, PayPal Here offers a triangular add-on that plugs into the headphone jack on your smartphone. Merchants can then accept payments by swiping cards with the thumb-sized card reader or can use the smartphone?s camera to scan credit cards (powered by Card.io), scan checks, etc. PayPal Here offers a flat rate of 2.7 percent for card swipes.
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