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Startup Model – Card Reader Plug in For Accepting Payments

THE MODEL: A card reader which can be plugged into a smartphone or a tablet to enable businesses to receive payments. The startup has now added an app and sales overview tools to make the smartphone/tablet a complete Point of Sale (POS) solution.

STARTUP: iZettle (Swedish startup)

card payment business ideas

WHAT I LIKE

Core Idea – Converting a smartphone into a POS solution is valuable for a lot of small businesses.

Complete Integration of Services – Adding an app and other tools to ensure that the user gets a complete POS solution makes the product more complete and desirable.

Money Saving for Businesses – Small businesses, especially, can save money by not having to invest in a sales software and payment processing machines. 
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Location: Stockholm, Sweden

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