The PayPal Here Chip Card Reader has been around in the UK and Australia for about two years, and on September 30, it will be available in the U.S. The device works with iOS and Android and accepts chip card transactions, magnetic stripe, and contactless NFC transactions from Apple Pay, Android Pay, Samsung Pay, and others.

“It is important that merchants understand the consequences of the EMV liability shift of fraud losses,” says Brad Brodigan, Vice President and General Manager, Retail at PayPal. “To help our small business customers prepare, we have been providing updates on the process since earlier this year and educating businesses on what the liability shift means for them. Beginning this Thursday, October 1, merchants who do not accept chip cards will be liable for point of sale fraud when their customers use chip cards, unless they upgrade to an EMV terminal.”

“Beyond the need to accept chip card payments, merchants should view the liability shift as an opportunity to upgrade and modernize their Point of Sale systems with the latest technology that enables them to sell online, on mobile and in-person all with the same account,” adds Brodigan. “Future-proofing with a solution that already accepts multiple forms of payment is key to being prepared for new technologies – like contactless payments.”

Merchants can order the device here. It’s $149 or $49 with the rebate offer they’re offering for merchants that process at least $3,000 within three months of activating it.

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