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The PayPal Here Chip and Pin reader is now $99, this is $40 off the old price.
PayPal Here Chip and Pin Reader Now $99 (Normally $139)
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Associatedzylman on 09/06/2015 - 13:58 paypal.com (752 clicks)
Last edited 09/06/2015 - 14:00 by 1 other user
Last edited 09/06/2015 - 14:00 by 1 other user
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It's not that high…(1.95%) and there are no monthly or ongoing fees…
It's good for people who don't have high enough volumes to negotiate better deals with the banks.
The only downside is that it doesn't yet accept AMEX…
If you can take payments on this reader, can you also just allow people to pay you via checkin, which accepts PayPal? That'd be a handy way around it.
In fact, if you needed to accumulate FF points, you could just pay yourself with your 1.5 points per $ Amex, and you'd probably be getting a good deal.
The ATO, the bank behind the CC or PayPal themselves may have some issues with that…. Not to mention even with a 1point/$ spend Visa/MC at 1.95cents per point it's an atrocious buy rate.
haha this amex FF thing sounds lucrative.
Do you need to pay any fees to withdraw the money from your account?
@hashtagbargain
If you're going to use this to game the system you're more than likely going to churn 10's of thousands if not hundred's of thousands of dollars to make any point gain useful. If the ATO sees it as an income that's not small fish in terms of declarable income. And with continuous repetitive transactions to the one merchant totalling a high value the banks will be looking into it to see if you're breaking the program rules or gaming the system and clamp it down.@Trance N Dance: It might attract the attention of the ATO, but it's of no consequence to them. If you want to pay money to yourself, that's your business (though they may frown on an actual business deducting the merchant fees for tax purposes).
The real issue is whether PayPal will cotton on to somebody doing it. As for the earn rate, I mistyped - with PayPal checkin people can pay with Amex, so you could conceivably get 1.5 points per $, at 1.95%. A decent earn rate, particularly if you're just topping up to get that first/business class fare.
this is $40 off the old price.
no it's not, I got mine for $99 last year…
Do you actually have it for a business or do you just randomly have one?
Probably just makes the wife and kids pay when dropping them to the station/school :)
Does it do paypass?
no, you need to enter your PIN
Don't mean it doesn't do paypass just because you need to enter your pin.
However this model doesn't. Pretty sure there's one coming that doeshow much will it be?
Pretty sure there's one coming that does
I doubt it will make much difference, most people that use this don't do high volumes so an extra couple of seconds hardly matters…
Yes, but with paypass the end user can get 2% to 5% cashback depending on the prevailing promotion.
This is the new normal price- probably worth waiting for a 'discount code' from DickSmith.
http://www.dicksmith.com.au/home-appliances/paypal-herembile…
You can also price match it at officeworks if you find a lower price than $99….
http://www.officeworks.com.au/shop/officeworks/p/paypal-here…
I saw it in Officework long time go.
Just say someone…
Charge someone else for as service —> email bill send to payer by paypal —> money goes to paypal account which I assume is offshore —> payee use it on anything else or withdrawn it to any bank account (for a fee).
The whole process should act like cash transaction and under no radar of ATO….
Just fantasising, and you should definitely not try it.
Fantasy over: https://www.ato.gov.au/General/Gen/Specialised-payment-syste…
They have data matching in place. If you're thinking high volume transactions, don't do it!
wanted to buy one but the site doesn't accept paypal payment (fine print says "paypal fees are too high, please use credit card, western union or direct debit")
You serious?
$99 is like officeworks' everyday price
office works everyday price
Don't believe these things take EFTPOS (CHQ/SAV) payments either. Only scheme (M'card and Visa) Debit which doesn't make too much difference to the payer - unless you only have an EFTPOS card - but if you're a merchant hoping to take all card payments on this device you might be disappointed.
No bargain, Officeworks regular price $99
http://www.officeworks.com.au/shop/officeworks/p/paypal-here…
Should be free or close to it. At the high percentage fee it will be paid off after two or three transactions :D.