In this eighth market of payleven, the company has two objectives: The democratisation of card payments and the strengthening of small and medium-sized businesses through a solution which, in contrast to the costly and complex products of traditional vendors, fits their needs. The key is the Chip & PIN technology, put on the market by payleven, which is the most secure and reliable option for making mobile card payments.

The Chip & PIN card reader connects via Bluetooth with the payleven App on a smartphone or tablet and allows payments by debit or credit card to be accepted - no fixed costs, contract periods or minimum sales. Registration with payleven is paperless and can be completed in a few minutes. The card reader is offered in Belgium at www.payleven.be for an introductory price of 69 Euros. The only other cost incurred is a 2.75% fee per completed transaction. In addition to the payleven website, the Chip & PIN card reader will also be available shortly through the Apple online store as well as in all branches of the Belgian retail chain easy-m, the largest local Apple distributer.

"Although more than 70% of Belgians say they would prefer to pay by card, cash in Belgium is still the most common payment method," says Alston Zecha, founder and COO of payleven. "We will change that by finally offering small and medium-sized businesses the opportunity to accept card payments and to make their business simpler and more efficient in other areas."

payleven already offers its customers more than just card payments and creates efficiencies where traditional card terminals fail: It provides convenient analysis and management of past payments by card or cash, as well as any refunds. In addition, businesses with several employees or branches have the option, using the so-called Multi-Account, to manage multiple user access via a central admin account and grant them different rights. Other features will be disclosed shortly.

In Belgium, payleven has already been tested by selected customers: "The concept of our cafés that customers can buy everything they see, so in addition to coffee they can also buy the furniture etc.," says Brecht Soenen from deDingen Café in Kortrijk. "For a long time I have been looking for a solution without fixed costs, to finally be able to offer card payments to my customers. With payleven I have found the perfect solution and my clients are thrilled! "