Payleven opens registration for new Chip & PIN-based mobile payment technology

Invites merchants to register for new service

Mobile payments provider, Payleven, is launching new Chip & PIN mobile payment technology and is inviting merchants to register for the new service.

The new Chip & PIN service will enable merchants to accept all major debit and credit cards using a smartphone or tablet. The device connects via Bluetooth to a smartphone or tablet and allows customers to enter a personal PIN on a small keypad to make mobile payments. Payleven has also announced that it is lowering the cost per transaction to 2.75% in England and Germany.

“With Chip & PIN, we are the first company in the continental European Market to offer a complete solution for all major debit and credit cards. With it we are now offering a more attractive price. This makes us the best possible partner for mobile payment, focusing on smaller and mobile professionals,” said Chief Marketing Officer and Payleven Co-Founder Konstantin Wolff.

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