Izettle AB Point of Sale and Online Payment Services

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Overhead view of a cashless transaction at a retail counter with mobile payment technology and eco-friendly products.
Credit: pexels.com, Overhead view of a cashless transaction at a retail counter with mobile payment technology and eco-friendly products.

Izettle AB is a leading fintech company that offers a range of point of sale and online payment services to small businesses and entrepreneurs.

Their point of sale system allows businesses to accept credit and debit card payments, as well as mobile payments, in a secure and efficient manner.

With Izettle, businesses can also manage their online presence and accept payments through their own website or social media channels.

Izettle's online payment services are designed to be user-friendly and accessible, making it easy for businesses to get started and start accepting payments quickly.

Payment Solutions

At izettle ab, we're committed to providing top-notch payment solutions for small businesses. We offer a card acceptance service that allows merchants to take credit and debit card payments.

Our system has come a long way, with a major upgrade in 2013 that enabled us to accept all major credit cards, including MasterCard, American Express, and Visa. This upgrade included the introduction of Chip and PIN devices.

Laptop and smartphone showcasing online shopping and mobile payment setup on desk.
Credit: pexels.com, Laptop and smartphone showcasing online shopping and mobile payment setup on desk.

In 2015, we introduced Lite Reader, a new card reader that was offered to merchants free of charge. It was a game-changer, allowing merchants to plug it into their iPhone, iPad, or Android devices and start accepting payments right away.

Our latest card terminal, launched in 2016, connects through Bluetooth and integrates both Chip and PIN and contactless payments. It was a huge step forward, making us the first mobile payments company to accept contactless payments in the UK.

Point of Sale

The Zettle by PayPal point of sale solution is a powerful tool for small businesses. It's available as a software solution called the Zettle app.

Launched in 2011 for iOS, the Zettle app has since been made available for Android devices since 2012. With the app, merchants can analyze credit card transactions and relay detailed information such as top-selling products and average payment volume.

The Zettle app helps merchants to stay organized and make informed decisions about their business. In September 2016, Zettle by PayPal acquired Intelligentpos to expand their suite of products within commerce solutions, particularly within the hospitality sector.

Intelligentpos offers a cloud-based software solution that helps with inventory, loyalty programs, and customer flow. This acquisition has enabled Zettle by PayPal to offer a more comprehensive point of sale solution to their merchants.

Online Payments

Credit: youtube.com, Accept Payments Online with Hosted Payment Portals - iCG Pay Innovative Payment Solutions

Online payments have become the norm in today's digital age, with many of us using our credit cards or mobile devices to make transactions online.

The most popular online payment methods include PayPal, credit card payments, and bank transfers, with PayPal being the most widely used.

Digital wallets like Apple Pay and Google Pay have also gained traction, allowing users to store their credit card information securely.

In 2020, an estimated 70% of online transactions used a mobile device.

Mobile payments have made it easier for people to make purchases on-the-go, whether it's buying a coffee or paying a bill.

The rise of online payments has also led to an increase in contactless payments, with many merchants now offering this option.

Contactless payments use Near Field Communication (NFC) technology to enable transactions without the need for a physical card or cash.

Financial Services

Izettle AB's financial services are designed to support small businesses and entrepreneurs.

The company offers a range of payment solutions, including card readers and mobile payment apps, that help merchants accept payments securely and efficiently.

Credit: youtube.com, iZettle CEO Says Company Shares Same Vision With PayPal

With Izettle AB, businesses can accept payments from customers in over 170 countries, including major currencies like US dollars, euros, and British pounds.

Izettle's payment processing fees are competitive, with a flat rate of 2.9% + 0.30 EUR for card transactions and 1% for online payments.

The company also provides business owners with access to financial tools and insights, such as transaction reports and cash flow management features.

This helps businesses make informed decisions and stay on top of their finances, even when they're on the go.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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