Tag: iZettle
iZettle launches payment card reader made from fishing nets
Financial technology firm iZettle has unveiled a card reader for small businesses made from recycled ocean plastic. The PayPal-owned company has launched the Ocean Reader, which it says is 75% made from old fishing nets and ropes collected from the North and Baltic Seas. iZettle said the project has already seen the firm remove more…
PayPal fined £250,000 over iZettle deal
Online payments giant PayPal has been fined £250,000 by Britain’s competition watchdog for failing to keep it and iZettle separate in the UK while an investigation was carried out into their merger. US-based PayPal had already bought Sweden’s iZettle in September 2018 for $2.2 billion (£1.7 billion), but the Competition and Markets Authority (CMA) put…
