Payleven, BZP Launch Chip & PIN Services For German Transportation
Payleven, a European mobile card payments provider, and BZP, a German passenger traffic association, are working together to begin offering its Chip & PIN solution to all customers. BZP users will pay €69 for the device, and are required to pay a 2.75 percent fee for each transaction. Payleven will not require any contract or fixed fees, and will instead use a “plug and pay system.”