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.
The announcement from PayPal, which started in the 1990s processing eBay payments, that it will release a portable card reader directed at small businesses and independent sellers came just hours after izettle, a new kid on the mobile payment block, announced a similar offering.
PayPal says that their offering will put an end to small retailers who do not accept cards turning away customers without cash.
An independent review published today estimates refugee entrepreneurs could add £2bn to the UK economy if barriers to starting a business were removed.
SME bank lending outstanding across Great Britain has fallen by £26.8bn since 2022, with nine in 10 postcode sectors seeing less finance, analysis shows.
Steven Bartlett OBSN, a venture with brand owner Authentic, will invest in creator-led media companies and brands and run a creator economy news platform.
