Banco Santander invests 5 million euros in iZettle

Thu 13 Jun 2013

Banco Santander has made an investment of 5 million euros for manufacturer of mobile card readers iZettle. Santander said it will distribute on the market chip / PIN device iZettle for small businesses in the UK and other markets in the Eurozone. This announcement came after research which revealed that 39% of UK shoppers avoid small merchants who do not accept card payments.