It looks as though the market for mobile payments is getting increasingly competitive.
Stockholm-based iZettle, which lets iPhone and iPad users accept payment from ‘chip and PIN’ cards via a plug-in card reader, has just eliminated its fixed transaction fee of 15 Euro cents per transaction. Consumers taking payments on their iOS device now just pay 2.75% of MasterCard, Visa or Diners Club card transactions or 3.75% of American Express transactions.
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Stockholm-based mobile payment service iZettle has announced it’s now able to accept American Express cards in Sweden and Finland. The company was already able to accept MasterCard, Visa and Diners Club payments via its card reader and app.
iZettle’s reader plugs into an iPhone or iPad and turns it into a mobile payment terminal for ‘chip and PIN’ credit cards.
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Mark Bridge writes:
Mobile World Congress is over for another year. Also gone is the mobile industry’s sudden obsession with public transport and student protests in Barcelona. But away from the local news, what’s been going on?
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We’re halfway through Mobile World Congress. In today’s podcast, James Rosewell and Mark Bridge report once again from Barcelona.
You can listen to the programme on our website audio player, via iTunes, by using our RSS feed or by downloading the MP3.
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James Rosewell and Mark Bridge report from Mobile World Congress 2012 in Barcelona. In today's programme they discuss Tuesday's news from the GSMA, Eric Schmidt's keynote speech, and the iZettle mobile payment service.
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