Now almost anyone can easily accept credit card payments, thanks to a new iPhone app and smartphone accessory from PayPal.

PayPal Here enables PayPal professional and business account users to turn their iPhone into a mobile credit card reader by using a combination of an encrypted credit card reader attachment and the PayPal Here application which transactions and generates customer invoices on the go.

This new payment solution from PayPal allows seller to accept multiple forms of payment by swiping, keying in or scanning credit cars and will also handle cash transactions.

You can watch a demo of PayPal Here below.