iZettle offers a mobile card acceptance terminal for businesses that want to take payments remotely. It is a pay as you go terminal with an exclusive 50% cashback offer on the cost of the device for Santander business current account customers, on completion of your first customer card transaction.
Who is iZettle for?
iZettle's card acceptance terminal could be great for businesses who want to take card payments:
outside of any fixed premises (such as at a customer's home or payment for taxi fares) or
from temporary locations (such as a market stall or exhibition).
How does it work?
iZettle’s mobile card terminal links to your smartphone* or tablet via Bluetooth and works from anywhere with wifi or 3G/4G coverage.
Provides Chip & PIN security.
Visa, MasterCard, Maestro, American Express, Electron and V Pay cards are accepted.
Take up to £200,000 per day in card payments. £5,000 is the single transaction limit per card.
Settlement within 3 days on balances up to £25,000. For every additional £25,000, an extra day settlement will be required.
You can also e-mail receipts to your customers.
What does it cost?
One off set up costs £59 inc VAT per device.
50% cashback on the cost of the device on the successful set up of the account and completion of your first card transaction. Exclusive to Santander business current account customers only.
Pay as you go - standard fee of 2.75% per card reader transaction (fee reduces dependant upon volume and value of transactions).
Transactions made without using the card reader are charged at a higher rate.
Offer for new iZettle customers:
As well as the 50% cashback offer, new customers who join iZettle between 3 November 2014 and 31 December 2014 will also receive:
Fee free transactions up to £2,000: This offer is valid for a month following your successful registration, after which you will pay the standard fee of 2.75% per transaction.
30-day money back period if you are not completely satisfied with the device.
Get real time application and online reports to keep track of your account.
Email based customer service with responses Monday to Friday 9am to 5pm.
For all queries regarding the product, ongoing servicing or complaints, please refer to iZettle for support.
Subject to availability and may be withdrawn without notice at any time.
In order to claim your cashback, you must first follow these four easy steps:
Apply online for an iZettle terminal.
Once you have been accepted, you can purchase your terminal via the iZettle website.
Confirm your bank account details on the iZettle website.
Make your first transaction.
Your cashback will then automatically be credited to your Santander Business Bank account.
3 business days apply to all transactions done with the card reader.*
As a business account customer, a maximum of £25,000 is available on your bank account three banking days after the transactions were made.
If the transactions are for more than £25,000, then another maximum of £25,000 will be deposited to you the bank day after the first deposit was made. This will go on until all of your money has been deposited.
See this link for more info including timescales and depositing values for non-card reader (manual) transactions:http://help.izettle.com/customer/portal/articles/1084784-deposits#
e-mail firstname.lastname@example.org if you have any questions relating to the general service, getting started, taking payments, card readers, bank account & deposits, your iZettle account or security & privacy.
e-mail email@example.com if something has gone wrong and you are dissatisfied with our service. We take your feedback and input very seriously. When you contact us with your complaint, we ask that you include the following information:
your iZettle account email
a detailed description of the incident
when it happened
why you would like to file a complaint
iZettle’s support team is on duty 9am - 5pm on weekdays.
You can either email a receipt or print one if you have a receipt printer set up.