Payleven, The Samwer Square Clone, Surmounts Visa Hurdle With Chip And PIN Reader Now Sold In Europe

Payleven, the mobile payment company from the Samwer bothers' Rocket Internet incubator, is now taking orders for its chip-and-PIN readers, which it says makes it one of the first of the Square-style competitors in Europe to offer quick way to comply with Visa's card payment requirements in the region. The readers were first announced in October 2012; today Payleven starts to take orders -- at a price of ?49 ($65) each -- and will begin shipping them on February 18.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/uWglxYomEeo/

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