Enabling BZP to accept payment
The largest German passenger traffic association, BZP, and payleven, the European provider for mobile card payments, have announced their cooperation.
Payleven has just been appointed as a sustaining member of the BZP. In existence since 1947, the central organisation of German public transportation businesses such as taxis and rental cars, now offers the Chip & Pin technology to all of their members. Moreover, the device is sold under special conditions: BZP members only pay 69 Euro with a 2.75% transaction fee for any payment. No contracts or fix fees are needed as payleven uses a “plug and pay” system. As the Chip & PIN device is easily operated via smartphone or tablet, maximum mobility without any cable internet connection is guaranteed.
“Cashless payment is a major trend especially in the segment of passenger traffic”, says Konstantin Wolff, founder and CMO of payleven. “This is why it is highly important to push the democratisation of card payments forward for all such businesses. We are very much looking forward working towards this in cooperation with the BZP.”
Related reading
Bitcoin turns 10
By George Zarya, CEO, BeQuant Bitcoin – the name that has become synonymous with cryptocurrencies – celebrated its tenth birthday earlier this month. For ... read more
Why the world needs programmable money
By Jack Nikogosian, CEO, Aryze Whether you are an advocate of cryptocurrencies or not, the way money exists in its current format ... read more
“Broken” SME payments industry “makes no sense” in 2019
SME payments are “broken” and the industry’s reliance on old-world processes “staggering”, according to Paul Christensen, CEO and founder of machine learning ... read more
It’s all about convenience: the payments industry in 2019
By Tomas Likar, head of business development and strategy, Hyperwallet, a PayPal Service If there’s one word to describe the direction that ... read more
