Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

iZettle and Santander announce a UK mobile payment partnership
News

iZettle and Santander announce a UK mobile payment partnership

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Santander UK and mobile payment company iZettle have announced a UK partnership agreement aimed at self‑employed professionals and small businesses.

Image

Santander Business Banking is offering its small business customers a mobile payment package that includes iZettle’s Chip & PIN reader, which can be used with Apple and Android devices. It enables these businesses to accept card payments using their smartphones and tablets instead of investing in conventional card terminals.

The announcement follows new research from iZettle and Santander UK that showed 39% UK shoppers avoided small businesses that didn’t accept payment by card or required a minimum card payment amount. It also revealed that 78% of UK adults carry less cash than five years ago, with the average person now carrying just £20-£30 in cash.

Steve Pateman, Head of UK Banking at Santander, said “The British economy is built on the success of its millions of small businesses. These business owners know that their success relies on being able to give their customers what they want. Our research shows that consumers want payment barriers removed, and business owners want a flexible and innovative solution to this problem. At Santander, we are constantly searching for innovative solutions that add value to our customers every day needs, which is why we are pleased to be announcing our partnership with iZettle, an innovative small business in itself. This collaboration will enable us to offer our business customers a low cost solution that will help make payment processing easier and ultimately help their business to flourish and grow.”

The iZettle Chip & PIN reader costs £99+VAT and can either be connected via Bluetooth or plugged into a smartphone or tablet. Santander Business Banking customers will receive £50 cashback following their first iZettle transaction if the device is linked to a Santander Business Banking Account. iZettle merchants just pay 2.75% of each transaction amount and can take payments from Visa, MasterCard, Maestro, Visa Electron and V Pay cards.

Banco Santander, the parent of Santander UK, has also announced a strategic investment of more than €5 million in iZettle.

We spoke to iZettle CEO Jacob de Geer at Mobile World Congress last year. You can listen to the interview (which starts after around 12 minutes) via the built-in audio player below or by downloading the MP3 file.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

ExclusiveLast week at The Fonecast: 23rd July 2012

Mark Bridge writes:

Internet veteran Yahoo! provided last week’s biggest news, at least in terms of press coverage. It appointed Marissa Mayer as its President and Chief Executive Officer, having enticed her away from Google after 13 years.

ExclusiveEricsson will 'muddle through' as income falls

Mark Bridge writes:

I spend much of my time writing about telecommunications and technology. I spend a fair amount of time dealing with big technology-related companies. Yet although I understand many aspects of telecoms, I certainly wouldn’t want to run one of those businesses. It’s a question of relevant experience.

ExclusiveApps World 2012: something for everyone... and for every platform

Apps World 2012 takes place on Tuesday 2nd October and Wednesday 3rd October at the Earls Court 2 exhibition centre this year. It combines an exhibition with workshops and conference sessions designed for mobile developers, marketers, network operators, manufacturers and other mobile industry professionals.

In addition, there’s an award event - the Appsters awards - with a drinks reception and party at The Roof Gardens in Kensington on the Tuesday night.

ExclusiveLast week at The Fonecast: 16th July 2012

Mark Bridge writes:

BlackBerry and bad news seem inextricably linked at the moment. RIM’s CEO admits he’s “not satisfied” with recent company performance and warns of challenging times ahead... and then the company is hit by a $147 million dollar damages order for patent infringement.

Mind you, Research In Motion wasn’t the only mobile company bringing disappointment into the mainstream news last week.

Application review for CamScanner

ExclusiveApplication review for CamScanner

Mark Bridge writes:

Every so often, I see a new product that I’d like to review. I’ll usually send a note to the relevant company, borrow a review copy and send it back when I’ve finished.

And every so often I’ll be approached by a company that wants me to review a product. Sometimes I’ll say yes, sometimes I’ll say no. It all depends whether or not I think I’m the right person for the job.

When IntSig offered me a copy of a mobile application called CamScanner, I wasn’t too sure. It seemed very clever... but I wasn’t convinced I’d have much use for it.

RSS
First3536373840424344Last

Recent Podcasts

ExclusivePodcast from Mobile World Congress 2015

Mark Bridge learns about the mobile technology trends at Mobile World Congress 2015 by chatting to James Rosewell of 51Degrees, Dr Kevin Curran from the IEEE and Chris Millington of Doro.

They talk about wearable devices, wireless charging, mobile operating systems and much more... including some of their favourite products from the exhibition.

ExclusiveLooking back at February: from security scares to multiple MVNOs

We're taking a look back at the biggest mobile industry news stories from February 2015, including allegations that the UK's security service tried to breach SIM card security by hacking into one of the world's biggest SIM producers.

We also talk about the planned BT and EE merger, the creation of two new UK virtual networks, some acquisitions in the mobile payment arena and a new Ubuntu smartphone.

ExclusiveA month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

We're back with a month of mobile industry news, including takeover talks and takeover rumours. O2 and Three are said to be discussing a merger... but is there any truth in the suggestions that BlackBerry could be up for grabs?

We also discuss Apple's record-breaking quarterly figures, the highlights of CES and the launch of Microsoft Windows 10, as well as saying farewell to the current version of Google Glass.

RSS
12345678910Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive