"The beauty of iZettle is that it's simple to use, totally secure and takes seconds for a transaction, " said Jacob de Geer, CEO and co-founder of iZettle, which is used by more than 75, 000 small businesses and individuals in six countries.
Jacob Malthouse, co-founder of Big Room, said the lawsuit is "without merit" and that the company doesn't plan to pull out of the race for.eco, which has four competitors total.