Today, Paypal announced PayPal Here, a triangle-shaped mobile creditcard-swiping gadget aimed directly at Jack Dorsey’s reader, Square. And, just like Square, they’re aiming to convert customers with the power of their design: They tapped Fuseproject, the firm run by Yves Behar and a darling among Silicon Valley entrepreneurs, to create the object.
$EBAY Paypal is aiming straight for Square payment system. Paypal has evolved towards the vision of its original conception by the Paypal founders to be a mobile payment system. Let’s see who can execute and roll it out.