The Pay Pal Chip Card Reader is a separate, larger device with its own keypad, slots, and screen that pairs to your mobile device through Bluetooth. The apps themselves are also very similar, right down to their color schemes.
This is a new security standard being rolled out that will make transactions less risky for consumers.
Square and the Pay Pal Chip Card Reader both have two slots: one for accepting old magnetic strip cards and another for the new EMV cards.
Go Payment and Pay Anywhere are still working on their EMV card readers, but they should be available soon.
The Pay Pal Chip Card Reader is the only mobile hardware I've tested with support for NFC, the nearby wireless communication technology that powers mobile payment systems like Apple Pay and Android Pay.
That direct connection to an online accounting service is a powerful feature that can help you stay on top of your business finances.
Meanwhile, some apps add a fixed fee per transaction between 15 and 25 cents, but Square does not.Go Payment and Pay Anywhere, on the other hand, did not allow me to start selling until they were convinced I was a legitimate business, and the approval process was tedious and slow.Perhaps to make up for that inconvenience, both of those apps include Test Drive modes in which users can preview the app and hardware without real purchases, a handy feature Square and Pay Pal lack.I'll explain what these devices are and which one you should get.You may notice a price disparity amongst these devices.Square's bank-deposit options also include a promise to deliver your cash within 24 hours.