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Tuesday, February 28, 2012

iZettle expands to Denmark, Finland and Norway - next stop, the UK?

Mobile payment company iZettle, which launched its plug-in ‘chip card’ reader and associated mobile payment app in Sweden last year, has now launched a beta version of its service in Denmark, Finland and Norway. The first 5,000 chip-card readers in each country will be available free of charge.

The service enables anyone with an iPhone or iPad to take credit or debit card payments at any time. Buyers can also share purchase details via Facebook.

There’s no set-up fee, monthly subscription or minimum payment. Instead, each transaction using iZettle is charged 2.75% of the sale plus €0.15 (around 13p). Payments are received by the seller during the following business day.

iZettle is Europay, MasterCard and Visa (EMV) approved and is compliant with the Payment Card Industry Data Security Standard (PCI-DSS).

Mats Taraldsson, the MasterCard executive who heads market development for the Nordic and Baltic region, said “iZettle brings us all one step closer to a world beyond cash. Chip cards are the standard today in most of the world. In just six months iZettle has proven there’s real need and demand for a mobile chip card payment solution that is safe, simple and smart”.

We spoke to iZettle CEO and co-founder Jacob de Geer at Mobile World Congress this morning, where he told us that iZettle had grown the point-of-sale market in Sweden by around 15% since it launched. He also said it was “highly likely” that the UK was the next country for Zettle’s planned expansion.



We’ll be broadcasting the full interview with Jacob de Geer in one of our special Mobile World Congress podcasts this week. Click here to subscribe free on iTunes, click here for our RSS feed or listen to the whole series of MWC broadcasts, which started on Monday.
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Opinion Articles

Last week at The Fonecast: 15th October 2012

US government grumbles, O2 UK stumbles

Mark Bridge writes:

Can you trust a Chinese company to build a telecoms network?  Apparently not, according to the US House of Representatives. The “Investigative Report on the U.S. National Security Issues Posed by Chinese Telecommunications Companies Huawei and ZTE” wasn’t at all impressed with the two companies, although most of the complaints appeared to be about a lack of cooperation rather than hard evidence. I wonder if any mysterious agents are planning to visit the new Huawei UK HQ before next year’s official opening?

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Article rating: 5.0

Mobile phones used to track malaria transmission patterns

Jessica Berman of voanews.com writes:

Scientists are studying the use of mobile phones to track patterns of malaria transmission in endemic nations. The research is part of an effort by many countries to control or eliminate the mosquito-borne disease.

Author: The Fonecast
1 Comments
Article rating: 4.0

Congressional warning on Chinese telecoms could prompt retaliation

William Gallo of voanews.com writes:

Analysts say this week's U.S. congressional report that called two Chinese telecoms a threat to national security is likely to prompt China to retaliate against U.S. businesses.

The House Intelligence Committee report warned U.S. companies against doing business with China's largest phone equipment companies, Huawei and ZTE.

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Kenya to pull plug on counterfeit mobile phones

Gabe Joselow of voanews.com writes:

Mobile phone subscribers in Kenya may wake up Monday morning to find their phones no longer work, as the nation's telecom companies enact a nation-wide switch-off of all counterfeit devices. Retailers and customers have mixed reactions to the plan, which could affect up to three million mobile phones.

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Last week at The Fonecast: 1st October 2012

A high for RIM, a low for Apple

Mark Bridge writes:

Apple started last week in the glow of a CoolBrands survey that had named it the UK's coolest brand – but it ended the week with its head bowed in embarrassment. Not only did Tim Cook apologise for the quality of the company’s iOS 6 Maps application, he recommended that customers use competing services until it gets better.

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