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Home Startups

Rocket Internet’s payleven Launches In Austria

Milcah Lukhanyu by Milcah Lukhanyu
8 years ago
in Startups
5 min read
0

paylevenRocket Internet’s small and medium sized enterprises mobile card payments firm payleven has launched in Austria.

Beginning 10th July payleven will offer the Chip & PIN card reader to all Austrian retailers and merchants in a move targeted towards helping firms accept card payments securely, easily and economically and on mobile.

According to Alston Zecha, COO and founder payleven, “payleven is a payment solution, which offers an added value to small and medium sized enterprises from many industries.”

Zecha added,“Customers who ask to pay by card no longer need to be turned away. This will raise the sales figure significantly- especially for small sized merchants.”

With payleven, not only merchants, but also private individuals can accept card payments.

The “plug and pay” concept works without a contract, fixed fee or complicated registration process. This gives merchants, who have previously been denied the possibility to accept card payments due to high overhead costs, the possibility to accept card payments. Once the card reader has been purchased, merchants will only be charged 2.75% per transaction.

One of the users, Silvia Gattin, a fashion entrepreneur based in Vienna said,“Trade shows are an important part of my business. In order to offer customers card payments, I need a solution which is modern, safe, easy to use, and doesn’t tie me into a contract. This is why I chose payleven. My customers love it!”

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In Austria, there has been a noticeable increase in card ownership. Since 2005, the distribution of debit cards alone has increased by more than 25% and it is suggested that a further 86% of the population now own a debit card. payleven has responded to this trend by making card payments accessible for small businesses.

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The device works in conjunction with a Smartphone or tablet so it is ready to use anywhere. There is no need for a stationary internet connection which makes the device truly mobile. Furthermore, because the customer is required to enter their PIN, the payment is secure. The transmission process is similar to the one on a traditional POS- terminal.

The Chip & PIN card reader is available via Apple Online-Store and direct purchase through www.payleven.co.uk

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Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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