Over on Payments Views, Glenbrook's Erin McCune blogs about the recent PayPal Here announcement, and her take on what it means to Square and the Square Wannabes.
The story here is simplicity. The merchant fee for PayPal Here transactions is 2.7%. Slightly lower than Square, and about the same as Intuit GoPayments. The big differences is access to funds. Just like online merchants, offline merchants are credited sales into their PayPal account in real-time as purchases complete.