PayPal reportedly will launch mobile-payment service for SMBs

03/13/2012 | GigaOm

PayPal is expected to roll out a mobile-payment service aimed at small businesses that will compete with such companies as Square, Intuit and Verifone, according to an Internet report, which says an announcement may come Thursday. PayPal reportedly will introduce a mobile dongle that would let companies process payments with the swipe of a smartphone.

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