iZettle Launches Launches Wireless Chip & Pin Device, Starts Taking Visa And Partners With Santander

TechCrunch

iZettle — what you might call the ‘Square of Europe’ given it’s also a dongle-based mobile payment service for small merchants — will now launch a new Chip & Pin device alongside its existing solution that currently uses a customer’s signature to interact with the iZettle app. It will also now accept all major cards, including Visa.

Until now iZettle has been unable to allow Visa transactions (there was a workaround but it was too complex), meaning many vendors were put off from using the payment dongle. The Chip & PIN reader will be available in Sweden, Norway, United Kingdom, Finland, Germany and Spain. The move comes amid rumours tha PayPal may be making a move into this space in the near future.

iZettle also announced a partnership with Banco Santander, one of the world’s largest banks – this will give them distribution across major European markets

The new Bluetooth…

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