Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

[EasyDNNnews:IfNotExists:Image]
News

iZettle announces a free plug-in Chip & PIN reader for payment via smartphones and tablets

[EasyDNNnews:EndIf:Image]
Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Mobile payment provider iZettle is introducing a free Chip & PIN card reader. The device will plug into a smartphone or tablet, enabling the user to take payments via credit card or debit card.

iZettle’s free ‘Lite’ reader is being launched to businesses in the UK, Sweden, Norway, Denmark, Finland, Spain, Germany and the Netherlands. It’ll be offered alongside the current ‘Pro’ card reader, which costs £49 excl. VAT, connects via Bluetooth and has a built-in display.

Image

Both readers are compatible with MasterCard, Visa and American Express cards. There are no set-up fees; users are charged a transaction fee of 2.75%, with a decreasing rate for higher sales volumes.

Currently the Lite device is only being offered to businesses, while the Pro is also available to individuals.

Jacob de Geer, co-­founder and CEO of iZettle, said “This is one of the boldest moves we have ever made. Four years ago we upended the market with the world’s first mini chip card reader. We’re now embarking on the next step in our journey, with yet another ground-breaking offer that will cement our position as Europe’s leading mobile payments company. The Lite is a first of its kind. Not only will it tear down the barriers small merchants face when setting up their businesses, it also raises the stakes for Europe’s payments industry.”

iZettle more than doubled its transaction volumes in 2014, currently handling €2 billion of transactions per year.

We spoke to iZettle CEO Jacob de Geer at Mobile World Congress 2012. You can listen to the interview (which starts after around 12 minutes) via the built-in audio player below.

Comments

Collapse Expand Comments (1)
Josefine

Where can I buy this?

0
0
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 9th December 2011

Colin Aitken from Burnside Telecom talks about the company's new mobile telecare products: the MoniCare GSM remote monitoring solution and a 'fixed cellular phone' designed as a landline alternative for elderly users.

ExclusivePodcast - 7th December 2011

Iain, James and Mark discuss the week's news - including recent criticism of Orange UK and Carrier IQ, an MVNO that prints customised phones, disappointing BlackBerry PlayBook sales, a couple of mobile payment deals and an interesting mobile app from Yahoo.

ExclusivePodcast - 5th December 2011

James Rosewell of 51Degrees.mobi talks about mobile device detection and mobile device data; two services that enable the creation of web pages automatically tailored to suit every mobile visitor.

ExclusivePodcast - 30th November 2011

This week's podcast starts with news of 17,000 job losses at Nokia Siemens Networks. But we also have some upbeat stories, including a new mobile payment processing service for the UK, new net neutrality guidelines from Ofcom and a couple of luxury smartphones.

ExclusivePodcast - 25th November 2011

Randy Fuller of Tekelec talks about the ability of shared data plans to reduce 'bill shock'. He then explains the challenges of traffic management for mobile networks... and looks to a future where mobile devices regularly switch between different networks.

RSS
First4142434446484950Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive