Square has absolutely nothing to worry about, without its effectively mandated use on eBay, the clunky PreyPal could not hit the side of an old timber barn, let alone a modern B&M one.
Next time you drop into Home Depot, ask the check-out chick if anyone has yet used (the wholly eBay-funded roll out of) PreyPal to make a point-of-sale purchase. PreyPal at B&M Point-of-Sale is little more than an eBay Dept of Spin-created illusion and is undoubtedly a total waste of eBay shareholders’ funds. PayPal Here will likewise be another eBay lead balloon …
And, just for a laugh, a comment on “The New Way To Pay In-Store” via eBay's clunky faux "bank" PreyPal, and some other matters.
eBay / PayPal / Donahoe: Dead Men Walking
I don't know really. I use Square and have for a year and a few days now to accept payments. Yes; there is a percentage charge on each sale, but it is considerably less than say any general credit card reader would be. I can also use Paypal if I want as I have a bank account linked to there as well and I generally pay my rent through it every month for no charge. So I use both in general monthly although I use Square considerably more. As for paying in a store though that would be a no go for me.
The thing with Paypal specifically is that I have to be very careful how I make a payment through them or I will get charged a fee and it is not a light fee either compared for a single transaction.
I think if I was not able to see everything that was going through on a Paypal transaction though I would be uneasy to say the least.
I really like PayAnywhere. I always receive my funds on time and I've never had any issues with them. They have a low rate, which is one of the main reasons I originally signed with them. They haven't let me down. Check them out: http://payanywhere.com/
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