03 December 2016

Nordea to distribute iZettle card readers to SME network

04 December 2012  |  8059 views  |  0 iZettle1

Nordea Bank in Sweden is to distribute iZettle's mobile POS reader free of charge to its small business customers.

iZettle's card reader, which plugs into smartphones and tablets, normally sells for Skr249. The app works with all major credit cards, including Visa, MasterCard, American Express and Diners Club.

"iZettle's vision from day one has been to simplify and democratise payments," says Jacob de Geer, CEO and co-founder of iZettle, whose mobile payment service is now available throughout the UK, Germany, Sweden, Denmark, Norway and Finland. "Powerful partners are essential to making that vision a reality and this campaign is a part of that."

Nordea merchants who take up the offer forego the usual lengthy sign-up process and monthly fees associated with card acquiring, instead paying a 2.75% fee on all purchases made with the device.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

BofA first bank to take on Square

BofA first bank to take on Square

13 November 2012  |  8007 views  |  1 comments | 15 tweets | 8 linkedin
Finextra TV: iZettle launches in the UK

Finextra TV: iZettle launches in the UK

07 November 2012  |  11545 views  |  4 comments | 12 tweets | 7 linkedin
IZettle arrives in Germany

IZettle arrives in Germany

30 October 2012  |  7993 views  |  0 comments | 11 tweets | 5 linkedin
AmEx invests in iZettle; O2 launches PINpad for mobile payments

AmEx invests in iZettle; O2 launches PINpad for mobile payments

23 October 2012  |  10361 views  |  0 comments | 14 tweets | 3 linkedin
MasterCard joins EUR25m iZettle funding round

MasterCard joins EUR25m iZettle funding round

15 June 2012  |  11959 views  |  10 comments
Sweden's Square hits App store

Sweden's Square hits App store

19 August 2011  |  13942 views  |  4 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comVisit capgemini.comhttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
Royal Mint to issue digital goldRoyal Mint to issue digital gold
6125 views comments | 22 tweets | 21 linkedin
ING pulls plug on P2P payments app TwypING pulls plug on P2P payments app Twyp
5469 views comments | 16 tweets | 15 linkedin
R3 and Calypso to develop blockchain trade confirmation systemR3 and Calypso to develop blockchain trade...
5373 views comments | 13 tweets | 12 linkedin
EBA told that tougher authentication will have a "chilling" effect on single marketEBA told that tougher authentication will...
5345 views comments | 18 tweets | 20 linkedin
UK challenger bank Masthaven opens for businessUK challenger bank Masthaven opens for bus...
5321 views comments | 15 tweets | 13 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job