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"Payleven, the Square clone that's battling iZettle in Europe, has teamed up with Elavon, a global provider of payment solutions to over 1.2 million merchants.\r\n\r\nIncubated by Germany\u2019s Rocket Internet (the Samwer brothers' infamous startup accelerator), Payleven turns Android and iOS smartphones and tablets into card terminals, enabling small businesses and mobile service providers to accept card payments just about anywhere, anytime.\r\n\r\nAll they need for that is a free mobile app and an equally free card reader 'dongle' to start processing payments. \r\n\r\nThe company also recently announced that it is first to market with a \u2018Chip &amp;amp; PIN\u2019 solution for mobile payments in Europe.\r\n\r\nThe deal with Elavon is meant to boost mobile debit and credit card acceptance by small and independent businesses in Europe, particularly 'mobile businesses' like electricians, plumbers, gardeners, taxis and so on.\r\n\r\nElavon offers end-to-end payment processing (merchant-acquiring) services, without which mobile payments cannot be transacted. \r\n\r\nThe solution is currently running in Germany, Italy, Netherlands, Poland and the UK.\r\n\r\nAlso see: \r\n\r\nHeads up, iZettle: the Samwer brothers\u2019 Square clone Payleven expands to UK, Brazil and more\r\n\r\nIn a statement, Payleven says it contacted &amp;quot;several card acquiring companies&amp;quot; but concluded that Elavon was the right choice because of its international processing capabilities.\r\n\r\nIts solution includes transaction acceptance authorisation and approval, billing and online reporting and customer service.\r\n\r\nElavon's European activities are conducted through Elavon Financial Services Limited, an Irish registered bank headquartered in Dublin, which is a wholly-owned subsidiary within the U.S. Bancorp group of companies."^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/eu/2012/11/07/payleven-elavon-europe/?fromcat=all>