PayPal Here™ charges 2.7% per transaction, 0.05% less than Square. Paypal also touting same day funds availability using PayPal merchant debit card and live customer support. PayPal Here™ works with Android and iOS.
UPDATE:
PayPal Here™ takes Discover unlike Square and the future.
According to The Verge, PayPal Here™ doesn’t have iPad optimized app yet as opposed to the newly released Square Register.
There are a lot of people who had been burned by PayPal and will not touch PayPal Here™ with a ten-foot pole.
Disclaimer: We use Square.