Stockholm-based mobile payments company iZettle acquired Intelligent Point of Sale Limited (intelligentpos), an Edinburgh, UK-based iPad point of sale system.
The amount of the deal was not disclosed.
The addition of intelligentpos – part of the Swedish company’s plans to move beyond payments and offer a wide range of services to small businesses – will allow iZettle to expand its portfolio of products and services, and offer an advanced POS with features such as table management and stock management for the retail and hospitality industries.
Founded in November 2012 by former retail and hospitality operators Robin Knox and Paul Walton, intelligentpos develops software for SMEs to use on iOS devices (iPad) as a low cost cloud-based point of sale (POS) solution. It enables Credit Card payments, control stock, automate re-ordering, manage tables, build and apply promotions and discounts, recognize and reward loyalty.