SumUp Air charging station - only use with SumUp Air

Product Information

Online Store: In 2021 SumUp announced the relaunch of the SumUp Online Store, an e-commerce platform that enables anyone to create an online business for free. [25] We recommend enabling push notifications so you’ll always know when your business account is used for an online transaction. Business Account: Launched in 2021, this tool is a way for merchants to keep business and personal money completely separate. Merchants can use it to make transfers and receive next-day payout. [26] Following acquisitions and global expansion, SumUp now has almost 3,000 staff, spread across 23 locations, as of January 2022. [18] In June 2022, the company was valued at around €8 billion in a €590 million funding round and has since become one of Europe's most valuable fintechs. [19] Products and services [ edit ]

Trajkovska, Bojana. "Assemble a team of visionaries: Interview with fintech unicorn SumUp co-founder Marc-Alexander Christ | EU-Startups" . Retrieved 21 July 2019. Merchandise management: Always have an instant overview of your inventory on the helloCash dashboard.Card machine prices and recurring fees used to be so prohibitive that many small businesses opted for accepting cash only. On top of that, business owners had to contend with the binding contracts and bureaucracy that came with using a card machine. Then card machines for small businesses were created. Business owners operating from fixed locations also love the portability of our mobile card machines. If you run a restaurant, for example, you can offer your customers the convenience of paying at the table, rather than forcing them to queue at the bar. SumUp acquires London-based Goodtill to expand services to restaurant and hospitality sectors". goodtill. 19 November 2020. Gift Cards: launched in 2020 via a partnership with Google, small businesses can use Google My Business to add gift cards directly to their profile. [24]

SumUp’s primary product offering is an EMV card reader, which can read magnetic strip, chip ("Chip and Pin"), and RFID/NFC. With SCA enabled, you’ll be able to verify each online transaction from your mobile phone. You can also switch the authentication option to fingerprint or facial recognition to make the process faster and more unique to you. In February 2021, SumUp further acquired the Lithuanian core banking system provider Paysolut, after a two-years long business partnership between the two companies. [12]Finextra (13 November 2013). "SumUp opens Sao Paulo office for Brazil launch". Finextra Research . Retrieved 4 January 2018. SWIFT codes are 8-11 characters long and identify your bank. You need to enter the SWIFT code of the bank you’re sending money to so that your bank knows where to wire the money, but the SWIFT code itself doesn’t transfer anything. Are BIC and SWIFT the same? Finextra (21 November 2017). "BancoEstado and SumUp to launch mobile card acceptance in Chile". Finextra Research . Retrieved 4 January 2018. Ingrid Lunden (27 April 2016). "SumUp and Payleven merge as European 'Square clones' consolidate". TechCrunch.