PayPal has extended its Here mobile payment platform to allow small businesses and retailers additional methods for accepting and processing payments.
PayPal said that it would be expanding the Here service into PayPal Payments.
The multi-tier platform will include support for credit card and cheque payments as well as invoicing tools and an optional credit card reader.
Currently limited to the US, the Payments platform is being offered in plans ranging from a free monthly service to a $30 subscription fee.
Premium options include the ability to design a custom checkout page, in-site payment processing and to process payments via mail and telephone.
PayPal said that its service would be PCI compliant and would support its other payment platforms, including the traditional PayPal and debit card services.
"Technology is changing the way people shop and pay more than any time in history," Ed Eger, senior vice president and general manager for PayPal Americas, said in a blog post.
"Small businesses should be focused on making their customers happy, not spending time worrying about handling the complex task of online, offline and multi-channel payments in this new shopping environment – that is why we’re announcing PayPal Payments."
Having a secured and trusted payment platform has become an increasingly important matter for both businesses and consumers.
Recently, a high-profile breach at credit card processing firm Global Payments left some 1.5 million card numbers vulnerable to attackers.
Researchers have also uncovered flaws in emerging payment methods, particularly contactless and near-field payment cards.
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