The Square-like iZettle Launches In Germany With DZ BANK And Deutsche Telekom, Puts Heat On Payleven

iZettle, the Square-like app and mini chip-card reader, has partnered with DZ BANK and Deutsche Telekom to launch its payments service in Germany. Jacob de Geer, iZettle CEO and co-founder says their ambition is to "become the undisputed market leader in Germany and given the partnerships with DZ BANK and Deutsche Telekom we believe we are very well positioned.? That may also be code for 'well positioned' for a buy-out by US-based Square which has yet to launch in Europe, but has already signalled its intention to do so and may also have the cash if its turnover is to be believed. iZettle goes up against the Samwer-backed swipe-card clone Payleven.de.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/8M3D1nMf1P8/

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