iZettle and UnionPay International Join Forces to Increase Card Acceptance for European Small Businesses

iZettle, announced the addition of UnionPay to its range of accepted credit and debit cards. The company’s card reader, iZettle Reader, is the first of its kind to accept UnionPay, across its ten markets in Europe.

Today’s partnership will allow millions of Chinese visiting Europe to pay for goods and services using their UnionPay cards with iZettle merchants.

The transaction fee with UnionPay cards will be the same as for all other supported cards, including American Express, Visa, MasterCard, V Pay, Electron, Diners Club, JCB and Maestro.

Johan Bendz, Chief Marketing Officer at iZettle, says, “This partnership will help the hundreds of thousands of business owners that use iZettle sell more by accepting more payment alternatives. Now, our merchants no longer need to turn away business from the millions of Chinese that visit Europe each year.”

Today’s news follows on from a busy year for iZettle. In September, the company acquired intelligentpos, the UK’s leading cloud based point of sale company, creating a ‘one-stop-shop’ for commerce in store and on the go for growing businesses.

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