02 September 2015

Payleven opens registration for chip and PIN-based Square clone

26 October 2012  |  3357 views  |  0 Source: payleven

payleven, Europe's mobile payments pioneer, has announced that merchants can register for the introduction of payleven's new and innovative Chip & PIN mobile payment technology.

As the first pan-European mobile payments company, payleven offers merchants the ability to accept all major debit and credit cards using a smartphone or tablet - anytime, anywhere. In Germany and England payleven is also lowering the cost per transaction to 2.75%. This makes payleven not only the most technologically advanced mobile payment provider, but also one of the most price competitive card payment services.

Chief Marketing Officer and payleven Co-Founder Konstantin Wolff: "With Chip & PIN, we are the first company in the continental European Market to offer a complete solution for all major debit and credit cards. With it we are now offering a more attractive price. This makes us the best possible partner for mobile payment, focusing on smaller and mobile professionals."

Merchants can pre-register for the Chip & PIN device at payleven.com/chipandpin. The compact, supplementary device connects via Bluetooth to a smartphone or tablet and allows customers to enter a personal PIN on a small keypad, making mobile payments as secure as standard card terminals. Other mobile payment providers remain focused on the signature based solutions which do not offer customers the ability to enter a personal PIN. For security reasons, card schemes such as VISA require PIN technology for mobile payments.

In Germany and England, payleven transaction costs have now been reduced to 2.75% per transaction. All other conditions remain unchanged: no monthly fee, no minimum charge and no hidden costs - the merchant is charged only on a transaction basis. To start using payleven, just download the free payleven app and order your free Swipe & Sign card reader and pre-register for Chip & PIN. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.


Top topics

Most viewed Most shared
Third of Brits expect day-to-day mobile pa...
7405 views comments | 37 tweets | 15 linkedin
SunGard system glitch causes havoc for BNY...
7218 views comments | 14 tweets | 12 linkedin
Kenya's NIC Bank links to Twitter and What...
6349 views comments | 27 tweets | 17 linkedin
Payments UK sets out vision for 'world cla...
6297 views comments | 17 tweets | 10 linkedin
HSBC glitch leaves thousands of customers...
5830 views comments | 13 tweets | 7 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job