mPOS specialist iZettle has launched a new hardware dongle that includes both chip and PIN and contactless payment functionality, along with support for Apple Pay.
The Card Reader Pro Contactless is initially being distributed to select partners across the UK and will retail for around £79. Small businesses will be able to use the kit to immediately accept payments using credit and debit cards saved on iPhones or Apple Watch.
IZettle is aiming to grab a share of Europe’s estimated €2.2 trillion in annual card payments. Credit and debit cards that can be used by tapping the reader are gaining users, and mobile apps are set to further boost the popularity of contactless paying. Last year, contactless payments more then tripled to 319 million transactions in the UK, IZettle said.
Jacob de Geer, iZettle’s CEO and co-founder, said: “Having tried Apple Pay, I’m convinced this service will spur a shift in payment behaviour away from plastic, and I can’t wait for Apple to roll out this service to markets outside of the US.”