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: 5th June 2012

Mark Bridge writes:

Here in the UK, we have a double Bank Holiday weekend to celebrate the Queen’s Diamond Jubilee. That means two days away from work for many of us (and also two days of unseasonably bad weather, according to tradition).

In fact, the three of us at The Fonecast are celebrating our own anniversary this month. It’s been six years since we started podcasting about the mobile phone industry. We’ll be revisiting some of those early programmes - and the biggest mobile news headlines from 2006 - in this week’s podcast on Wednesday.

ExclusiveOver The Air 2012 preview

The fifth annual Over The Air event - a combination of 36-hour mobile hack day and conference - takes place at Bletchley Park on Friday 1st and Saturday 2nd June.

This year’s event is also honouring the contributions of mathematician Alan Turing to the invention of the programmable computer, code-breaking at Bletchley Park during World War 2 and developments in other scientific fields.

ExclusiveLast week at The Fonecast: 28th May 2012

Mark Bridge writes:

Just over a week ago Motorola Mobility lost a patent-related legal case against Microsoft in the USA. A couple of days later the company was formally acquired by Google – and a few days after that it lost a patent case against Microsoft in Germany. Business as usual, you might say.

ExclusiveHow mobile technology is keeping the BBC Olympic Torch coverage on the air

Mark Bridge writes:

A horse box and eight SIM cards. That’s the basic technology keeping the BBC’s Olympic Torch Relay broadcasts on the air and on the road.

The converted DAF horse box is being driven in front of the runners as they carry an Olympic torch along the relay route. It’s equipped with four cameras and a mixing desk, enabling a choice of views to be recorded and broadcast for 12 hours per day throughout the 70-day relay.

ExclusiveLast week at The Fonecast: 21st May 2012

Mark Bridge writes:

What a week for Facebook co-founder and CEO Mark Zuckerberg. Not content with transforming his company through its stock market flotation, he then went on to marry. What does this reveal?  Well, he’s clearly capable of multi-tasking and he’d rather wear a suit for social occasions than for work.

RSS
First3738394042444546Last

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

«May 2026»
MonTueWedThuFriSatSun
27282930123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive