Can I take credit card payments with SumUp?
You can accept any credit or debit card that displays a Visa, V PAY, Mastercard, Maestro, American Express, Discover, Diners Club, or Union Pay logo as well as NFC payments via Google and Apple Pay. The charge per transaction applies to all transactions placed through your SumUp profile, regardless of the card scheme.
Does SumUp work with PayPal?
SumUp does not connect with ecommerce platforms like PayPal does. Instead, SumUp is best as an easy solution for taking credit card payments in person with a simple app, great choice of remote payments and no complicated fees.
Can SumUp be used for online payments?
Whether you’re starting a business or looking to grow, SumUp offers a range of products to help you accept payments online, in-store and on the go.
What does SumUp integrate with?
With SumUp, merchants can take cards with a Visa, American Express, Diners, Discover, or MasterCard logo. Our SumUp Card Reader can also accept contactless payments, which includes Google Pay or Apple Pay. There are four simple steps to get up and running with SumUp.
Is SumUp cheaper than PayPal?
Fees compared to the competition SumUp charges a flat fee of 1.69% and iZettle 1.75% for all transactions regardless of card brand or type. Only PayPal applies a sliding rate starting at 2.75% (Blended plan) although monthly sales must be over £1,500 for one month before any reduction comes into effect.
Can I use my SumUp card in shops?
The SumUp Card is a contactless Mastercard that comes as part of the free SumUp Business Account. It’s a secure company card for your business expenses, and you can use it to pay in-store, in-app and online.
How do you accept payments on SumUp?
Accepting card transactions with the SumUp Air Card Reader is super easy….SumUp Air: Accepting card payments
- On the SumUp App, open the “Checkout” screen.
- Enter the transaction amount (minimum £1.00) or choose an item from your item catalogue.
- Tap “Charge” and select “Card Reader”.
How do merchants get paid from credit cards?
The issuing bank charges the cardholder’s account for the amount of the transactions. The issuing bank then transfers appropriate funds for the transactions to the merchant bank, minus interchange fees. The merchant bank deposits funds into the merchant account.
How much do SumUp charge per transaction?
Processing Fees You’re only charged a transaction fee of 2.75% per in-person card payment, which is automatically deducted before the funds are transferred to your bank account. The Virtual Terminal transaction fee is 3.25% + $0.15.
Does SumUp take a fee?
There are no monthly fees and no contractual obligations with SumUp. We simply charge a small percentage fee on a transaction to transaction basis. In other words, you only pay when you get paid.
What bank does SumUp use?
Starling Bank
SumUp allows merchants to receive money directly into their accounts quickly thanks to its partnership with Starling Bank. Payouts can be daily, weekly or monthly.
What companies use SumUp?
SumUp also plans to scale existing partnerships across the new markets. The company has successfully built a strong partnership portfolio across Europe, including Metro Cash & Carry, Unicredit, UBS, Tupperware and mytaxi.
Where is SumUp available?
Since October 2016, SumUp has been operating in the United States. In September 2017, SumUp launched its service in 15 European countries – Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Latvia, Lithuania, Luxembourg, Malta, Norway, Slovakia and Slovenia.
What can I use my SumUp card for?
Your SumUp Card is a prepaid Mastercard that allows you to make card payments online and in person and withdraw cash using money from your Business Account.
How much does it cost to accept card payments with SumUp?
With SumUp, your business can accept card payments for just 2.75% per transaction, anytime, anywhere.
How does SumUp protect and support merchants?
To protect and support our merchants, we operate in accordance with the highest card payment industry security standards. Let’s say you have a lawn mowing service and charge $100 for a medium-sized lawn. If you process your customer’s card payment with your SumUp Card Reader, you would have $97.25 paid to your bank account in 1-2 business days.
How can SumUp help my small business accept payments?
Whether you’re accepting payments in-person or on the go, SumUp has solutions to fit your small business needs. For your customers who aren’t transacting face-to-face, you can send Payment Links via email, text or any other messaging app or use Virtual Terminal to process card payments over the phone.
What types of cards can I accept with SumUp?
Our products empower merchants to accept credit and debit card payments anywhere with our intuitive, cost-effective devices. With SumUp, merchants can take cards with a Visa, American Express, Diners, Discover, or MasterCard logo. Our SumUp Card Reader can also accept contactless payments, which includes Google Pay or Apple Pay.