Holland’s mobile payment market just got “agglomerated” in the fall of 2014, when Swedish iZettle stepped in as the fourth mobile payment service provider, joining Payleven, SumUp, and Adyen Shuttle.
For small business owners, sole traders, non-profits or individuals who want to accept debit and credit cards without the bureaucracy and higher monthly cost of a standard payment terminal, there are now enough good options to consider. We’ve decided to have a look at the options small businesses have in the country.
The technical requirements are similar for all of them — you need an iOS or Android smartphone, a Chip & PIN reader, a free app and an Internet connection via WiFi or 3G/4G. What sets the offerings apart is price, app functionality and customer service. In this article, we will look into the price factor.
The cost of using mobile POS systems in the Netherlands
To start accepting credit cards on your smartphone, you need an app — available for free from the App Store or Google Play — and a chip and PIN reader.
In the Netherlands, the most expensive card reader comes from the Dutch Adyen Shuttle for €99.
Payleven and SumUp offer their chip & PIN card readers for the same €79. Although iZettle charges the same price for the Pro device, the service provider is now offering its Lite reader for free. The campaign kicked off in February 2015.
Dutch readers, see: iZettle review – Ideale pinautomaat voor kleine zelfstandigen