Screwfix to stock payleven mPOS reader

Leading supplier, Screwfix has announced it will be the first UK trade supplier to stock the payleven Chip & PIN device, which enables tradesmen to process credit and debit payments anytime, anywhere.

Now tradesmen can buy a machine for card transactions, making it quicker, smarter and easier for them to receive payment for jobs they undertake during their busy working day - all you need is this handy machine and a smart phone.

payleven offers a low-cost way to accept card transactions and at Screwfix, the Chip & PIN reader costs £82.50 excluding VAT, and includes £27.50 of transactional credit equating to £1,000 of free transactions, after which tradesmen are charged a fee of 2.75 per cent per transaction, with no monthly subscription.

The payleven reader is 100% mobile, working anywhere with 3G or Wi-Fi connection and links up via a mobile app with an iOS or Android smart phone or tablet via Bluetooth. The reader is easy to setup and is as secure as the traditional card terminals with full Chip & PIN fraud protection and also meets the highest EMV and PCI security standards.

John Mewett, marketing director at Screwfix, comments: "We are delighted to be the first UK trade supplier to be stocking the payleven device. Offering convenience to our customers is really important to us and as tradesmen need to be able to process card payments securely and this device allows them to do just that.

"In recent years, technology has fast become one of a tradesman's most valuable business tools, and this device is an invaluable product to add to their toolbox.

"It's often the case that many tradesmen are called out to fix or repair urgent jobs, and payleven allows their customers to pay without worrying about having the cash or digging out their cheque book. It also means that the tradesman is paid instantly, without the worry of carrying large amounts of cash around, or making a trip to the bank. We envisage this new, secure and innovative product to be extremely popular with tradesmen as it will definitely make their day-to-day job easier."

"For the development of mobile card payments, strong partners are essential", says Alston Zecha, founder and COO of payleven.

"Screwfix is a perfect match for us, as they ensure our Chip & PIN solution reaches the audience which benefits most from it, the small and medium sized businesses."

The payleven device will be stocked in Screwfix and sister brands Plumbfix and Electricfix from August, and tradesmen will be able to purchase the device online, over the phone, or in store.

Source : Finextra
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51179&topic=cards