26 April 2018
Visit http://response.ncr.com

Swedish Mpos vendor iZettle poised for global expansion

14 June 2013  |  6819 views  |  0 Ignacio Garcia, Managing Director, iZettle Spain

Ignacio Garcia, managing director, iZettle Spain discusses how the vendor increased Mpos adoption by 25% in Sweden and how the recent €5 million investment from Banco Santander will expedite its global expansion.

Garcia calls mobile point of sale the "biggest disruption in global payments in recent years."

Before iZettle launched, the Mpos market in Sweden was growing around 2.5% a year, he says. The Swedish vendor's entry in to the market has increased Mpos penetration by 25%, he adds.

While the nascent Mpos industry has tended to focus on a market long ignored by banks, micro-merchants and tradespeople, Santander's recent strategic investment in iZettle will not only increase the service offering throughout Europe, says Garcia, it will aid in the vendor's global expansion as well.

Garcia spoke to Finextra at MobeyDay 2013 in Barcelona earlier this week:
KeywordsE-COMMERCE

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

Banco Santander invests EUR5 million in iZettle

Banco Santander invests EUR5 million in iZettle

11 June 2013  |  8498 views  |  0 comments | 11 tweets | 4 linkedin
Mpos firms join Visa Ready Program

Mpos firms join Visa Ready Program

05 June 2013  |  9319 views  |  1 comments | 7 tweets | 8 linkedin
IZettle ships chip and PIN reader

IZettle ships chip and PIN reader

20 February 2013  |  13721 views  |  2 comments | 21 tweets | 10 linkedin
Nordea to distribute iZettle card readers to SME network

Nordea to distribute iZettle card readers to SME network

04 December 2012  |  8855 views  |  0 comments | 9 tweets | 4 linkedin
Finextra TV: iZettle launches in the UK

Finextra TV: iZettle launches in the UK

07 November 2012  |  12118 views  |  4 comments | 12 tweets | 7 linkedin
IZettle arrives in Germany

IZettle arrives in Germany

30 October 2012  |  8424 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  |  10931 views  |  0 comments | 14 tweets | 3 linkedin
IZettle starts testing Android app with Samsung

IZettle starts testing Android app with Samsung

23 July 2012  |  8905 views  |  4 comments
MasterCard joins EUR25m iZettle funding round

MasterCard joins EUR25m iZettle funding round

15 June 2012  |  13013 views  |  10 comments
IZettle releases API for app developers

IZettle releases API for app developers

13 June 2012  |  7965 views  |  1 comments
European equivalent of Square, iZettle, commences UK beta trials

European equivalent of Square, iZettle, commences UK beta trials

16 May 2012  |  9445 views  |  4 comments
Sweden's iZettle hires Barclaycard's Roberts ahead of UK launch

Sweden's iZettle hires Barclaycard's Roberts ahead of UK launch

27 February 2012  |  13927 views  |  4 comments
Sweden's Square hits App store

Sweden's Square hits App store

19 August 2011  |  15801 views  |  4 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euVisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Top tier banks pass first transactions on trade finance blockchainTop tier banks pass first transactions on...
15545 views comments | 21 tweets | 28 linkedin
'Fake data' will make banks vulnerable - Accenture'Fake data' will make banks vulnerable - A...
10215 views comments | 28 tweets | 36 linkedin
Irish central bank tunes in to fintechIrish central bank tunes in to fintech
9405 views comments | 20 tweets | 21 linkedin
Major card schemes zero in on single 'buy' button for online commerceMajor card schemes zero in on single 'buy'...
9156 views comments | 20 tweets | 37 linkedin
JPMorgan to roll out Voice ID; begins branch expansionJPMorgan to roll out Voice ID; begins bran...
8647 views comments | 6 tweets | 8 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job