Mobile card payments provider Payleven has signed a distribution agreement with Ingram Micro to distribute its mobile POS devices in eight European countries.
Payleven said that its Chip & PIN card reader will now be distributed by Ingram Micro in European markets including Germany, Austria, Netherlands, Italy, Belgium, the UK, Spain and Poland.
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The Chip & PIN card reader will be connected to an app through Bluetooth to offer small and medium-sized businesses with an opportunity to accept debit or credit card payments on-the-go.
Due to the dynamic and transparent design of the business model, Payleven creates an affordable and flexible alternative to the often costly and complex offerings of traditional providers of card terminals.
Payleven founder and CEO, Konstantin Wolff, said: "The fact that Ingram Micro is incorporating our Chip & PIN technology into its product portfolio is an important step for the mobile card payment business.
"Through this, the free availability of mPOS technology commercially will be significantly expanded, which will make it considerably easier for our customers to directly acquire Chip & PIN terminals at a dealer of their choice."
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By GlobalData
