LevelUp has integrated its QR code-based payments system with ShopLeep’s iPad POS. Under the terms of the partnership, LevelUP will provide its merchant partners with their own POS system whilst merchants with existing ShopKeep infrastructure can still accept can still accept LevelUp payments.
All transactions will be consolidated by ShopKeep POS into one report which can be accessed anywhere. Furthermore, merchants stand to benefit from LevelUp’s 0% payment processing fees.
“The mobile payment industry is poised for tremendous growth,” said ShopKeep POS founder and CEO Jason Richelson in a statement. “We are dedicated to making business processes simple for our merchants and always aim to offer them the latest tools in the market. LevelUp shares our sensibility and we are thrilled to work with them.”
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.