Payleven Opens Up Mobile Credit Card Processing to Private Users
Published on: 17th Apr 2013
Note -- this news article is more than a year old.
European mobile payments processor, payleven say that it is opening its credit card processing service to the general public and non businesses.
The company has also implemented a registration process, utilising electronic ID check technology. This eliminates the need for merchants to submit a copy of their ID and proof of address during sign-up and drastically reduces registration time.
With the new signup process, payleven said that an account can be almost instantly approved and finalised in a much shorter amount of time.
In addition, from today payleven offers the ability for private individuals to sign up for card payments. Unlike traditional card terminal providers - who often will not work with individuals, refusing to accept them as merchants and only accepting businesses - payleven now offers card payments for everyone, allowing both individuals and businesses to become merchants quickly and easily.
Both the new onboarding process and private registration will be available from today in the UK and will shortly be rolled out to payleven's other markets in Germany, Italy, Netherlands, Poland & Brazil.
"It is no secret that cashless payment is the future, and the democratisation of card acceptance is a key element in this evolution," says Alston Zecha, COO and founder of payleven. "Today marks a major milestone for payleven on that journey as we have solved two long-standing problems faced by the payments industry -- designing a simple, instant signup process and empowering individuals as merchants."