Ingram Micro, iZettle partner to distribute mobile payment system in Mexico

Friday, May 23, 2014

Ingram Micro, an IT wholesaler, and iZettle, a Swedish mobile payment company, say they have partnered up to distribute the latter's technologies in Mexico.

iZettle, which uses a credit card reader, software and app to allow vendors to accept payments on their mobile devices, was launched in Mexico last June.

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iZettle says it's the only solution in Mexico with the Visa Ready certification and mPOS Best Practice Certification from Mastercard, which are both used for mobile points of sale.

Earlier this month, iZettle announced it had raised US$55mn from investors to continue growing and expand to other markets. The mobile payment platform also operates in Brazil.