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Swedish Square Rival iZettle Pushes Free Card Readers to Europe

2015-02-17 14:48:46| Appliances - Topix.net

Payments startup iZettle AB plans to offer free credit-card readers for phones and tablets to rattle competitors and spur some of the 20 million European small businesses that still don't take plastic to sign up to its service. A Swedish rival to Jack Dorsey's San Francisco-based Square Inc., iZettle expects to at least double its current annual carried transaction rate of 2 billion euros within 12 months, Jacob de Geer, founder and chief executive officer of the four-year-old company, said in an interview at his Stockholm headquarters.

Tags: free card europe square

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