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Swedish startup iZettle was founded in 2010 to provide mobile payment solutions for individuals and businesses with apps and separate devices meant to be used with smartphones and tablets . iZettle is best known for its card reader apps and devices that can read chip and PIN cards that later expanded to mobile-friendly cash registers and other tools to help entrepreneurs get paid . With a wide array of users throughout Europe and the Americas , iZettle became a subsidiary of PayPal in 2018 . JULY 2019