This week it has been reported that PayPal might be currently developing a new mobile payments dongle along the lines of something similar to the Square device, which is already available.

The new PayPal dongle and mobile payment service would also work in a similar way to Square which is currently handling over $4 billion in transactions every year.

The new PayPal system would work in a similar way enabling users to be able to take credit card payments using via their smartphone which would have PayPal’s dongle connected, together with an application, reports ... Read more »