iZettle helps merchants process transactions through a handheld device and smartphone application that allows them to receive payments from credit or debit cards on the go. Launched in 2010 in Stockholm, iZettle was the first company to develop a chip-card reader and app for smartphone-based mobile commerce which meets international security requirements. iZettle app is currently available to individuals and small businesses in nine counties including Scandinavia, parts of Europe, the United Kingdom, Mexico and Brazil.