Report: PayPal Payment Dongle For Small Business

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Report: PayPal Payment Dongle For Small Business [gigaom.com]

PayPal’s plans to announce a solution for small businesses at an event this Thursday includes a mobile payment dongle that would compete against Square, Intuit (intu), Verifone and others, according to sources we’ve talked to who are familiar with PayPal’s plans. The dongle, which might be shaped like a triangle, will allow small business owners to process credit card swipes from a smartphone, similar to Square, Intuit’s GoPayment and Verifone’s PAYware.

That might be an interesting move, if proved correct.

[Panthro]

Interesting if it will provide any benefits over Square.I think they should make the dongle look like their "P".