A Growing International Credit Card Processor
iZettle (izettle.com) is a mobile credit card processing app and card reader compatible with the iPhone, iPad, and Android devices. As of this review, the service is only available to merchants in Finland, France, Sweden, Italy, Denmark, Norway, the UK, Germany, Spain, the Netherlands, Mexico, and Brazil but seems to be expanding quickly. iZettle’s service is similar to the popular U.S. equivalents GoPayment, Square, and Pay Anywhere, but with the exception that it is designed to accept chip-and-PIN (EMV) cards. Like its U.S. counterparts, iZettle opens up credit card acceptance to the individual and breaks down the typical barriers to entry seen with traditional merchant accounts.
Acquired by PayPal
In September of 2018 PayPal announced it’s acquisition of iZettle for a sum of $2.2 billion. In June of 2019, the United Kingdom’s Competition and Markets Authority approved the purchase of the company, allowing PayPal begin utilizing the platform’s infrastructure to better support in-store transactions.
iZettle Location and Ownership
Jacob De Geer is listed as the founder and CEO of iZettle, which is headquartered at Regeringsgatan 59, 111 56 Stockholm, Sweden.
iZettle Review Table of Contents
- Costs & Contract: iZettle offers month-to-month contracts with flat rate pricing and no early termination fees.
- Complaints & Service: iZettle has received more than 20 public complaints.
- BBB Rating: The Better Business Bureau does not maintain a profile for iZettle at this time.
- Sales & Marketing: iZettle does not employ independent sales agents and has not received any merchant complaints about its sales team.
- Rates & Fees: How Merchants Avoid Fund Holds With iZettle
iZettle Video Introduction
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