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.
"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.