PayPal card reader for retailers

Online payments company PayPal is set to expand its presence on the high street with the launch of a Chip & Pin card reader it says will make face-to-face payments easier. PayPal, which started off in the 1990s processing eBay payments, will release a portable card reader directed at small businesses and independent sellers. The company says it will put an end to small retailers who do not accept cards turning away customers without cash.