iZettle Smart Rate Expansion
iZettle smart rate offers customers who process over £2000 in a month using their machine a rate discount. From £2000 the rate declines on a sliding scale from 2.75% down to 1.5%.
It was recently brought to Denmark which means smart rate is now available in six markets: UK, Sweden, Finland, Spain, Denmark and Norway.
iZzettle Raise €40M
In their latest round of investment iZettle have raised €40M from London based Zouk Capital. The round saw the company valued at €200M and other competitors in the round included Dawn Capital and Intel Capital.
The latest funding will be used to grow the business, especially in new markets such as Latin America. iZettle have recently brought their device to Brazil and Mexico.
Buy iZettle in Maplin (or through this website £10 cheaper)
iZettle card machines are now available in Maplin stores. Here’s what Maplin have to say about their new product:
“Maplin is proud to be the first retailer of its kind to bring a ‘pay as you go’ mobile payments device to the UK high street. We know that amongst our customers there are tens of thousands of people who run their own business and have missed out because they haven’t been able to take card payments. iZettle’s mobile payment solution empowers people to take payments whatever type of business they have, wherever they are.”
iZettle’s UK MD Jens Munch: “It’s fantastic to bring iZettle directly to Maplin’s customers, We know that Maplin’s staff are the perfect fit to sell iZettle because they share our passion for gadgets and technology. Now anyone can walk into Maplin and buy all the technology they need to set up a business. Whether you are trying to monetise your hobby or start your dream company, iZettle gives you the tools that were previously only available for large businesses.”