Mobile payment systems merger

David Thomas was appointed to an inquiry group to investigate PayPal’s completed takeover of rival mobile payments company iZettle.

Both companies provide mobile point of sale (mPOS) devices that enable businesses to take ‘offline’ payments through a card reader connected to a smartphone or tablet. The two companies are also active in the emerging market for ‘omni-channel’ payment services, through which businesses can take ‘offline’ and ‘online’ payments through a single provider.