Starting today iZettle, one of Europe’s fastest growing companies, will enable users across the continent to register local mobile payments and send invoices through its point of sale app. This gives iZettle’s users a complete overview of their sales history, ensures compliance with local tax regulations and enables them to sell more.
Jacob de Geer, CEO and co-founder of iZettle, says “We’re seeing an increasingly fragmented world of payments, as countries adopt new technologies in different ways and at varying rates. To not lose out on sales, all businesses must cater to their consumers’ specific payment preferences. And today that means local mobile payments in many countries.“
The service is free of charge and will open up for mobile payments from British Pay By Bank app, Swedish Swish, Norwegian Vipps and MobilePay in Denmark, Finland and Norway. Swish is a mobile payment solution for instant transfers, today adopted by more than half of the Swedish population and increasingly popular among merchants. Vipps is Swish’s Norwegian equivalent, used by more than half of the Norwegian population. MobilePay is a Danish app installed on 9 out of 10 smartphones in the country. Today its widely used for commerce and also available in Finland and Norway. Pay by Bank app is a similar service which allows shoppers to pay for goods and services on mobile devices, with payments directly made from their bank account.
iZettle is also launching an invoicing service across Europe. The service will enable small business owners to send invoices with just a few clicks, get paid faster and skip the hassle of manual administration and payment reminders.
“This is an important step in delivering on our promise of democratizing commerce and leveling the playing field for small businesses. We’re constantly looking for new ways to make their working life easier – never missing a sale or being able to make informed business decisions are of course key for our users’ growth,” Jacob de Geer continues.