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Although Square, which recently got the money from Visa, is a neat and compact device easy to carry around, many Europeans may not like it as it doesn’t support chip-based smart cards. Enter iZettle, a Stockholm, Sweden-based company which wants to solve this problem by introducing a credit card reader which does work with smart cards.
Instead of swiping a card, this little device lets you insert them into iZettle to read the chip contents. In that sense iZettle is not plugged on the headphone jack but on the Dock connector, making the device bigger than Square but I guess something’s gotta give.
Unsurprisingly, the company will first launch the new device/service in its own backyard in June with other European countries to follow. iZettle card reader will be offered free of charge, with the company taking a small yet unspecified percentage of the amount processed.
Aside from the regular card processing, users will also be able to share their spending with friends on Facebook and Twitter a la Blippy. The short iZettle promo video follows.
[Via: TUAW]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
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