SumUp Launches US Expansion With EMV Terminal | PYMNTS.com". www.pymnts.com. 22 October 2015 . Retrieved 4 January 2018.

SumUp’s primary product offering is an EMV card reader, which can read magnetic strip, chip ("Chip and Pin"), and RFID/NFC. The SumUp POS terminal concept, and indeed the other products in the range, certainly makes a change from many of the other humdrum chunks of hardware out there. There’s a SumUp stand, which in effect is a sustainably sourced and neatly styled bit of kit to hold a tablet.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. a b Lunden, Ingrid. "SumUp, Another European Square, Expands To Italy, Spain And Holland, Now Covering 7 Countries 12 Weeks Into Launch". TechCrunch . Retrieved 4 January 2018. Mobil-Bezahldienst SumUp expandiert mit neuem Lesegerät". FOCUS Online (in German) . Retrieved 4 January 2018. Vazquez, Dayana (3 September 2020). "BancoEstado finaliza alianza con SumUp y se queda con la propiedad y marca Compraquí". América Retail. 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.

Point of sale system: As an all-in-one register, the SumUp Point of Sale system "POS register" consists of a SumUp card terminal, a pre-configured iPad, an iPad stand, a receipt printer, a cash drawer and a Wifi router. [22] Only available in Germany and select other countries.Other POS solutions are available via Tiller and Goodtill technologies. SumUp acquires London-based Goodtill to expand services to restaurant and hospitality sectors". goodtill. 19 November 2020. We recommend enabling push notifications so you’ll always know when your business account is used for an online transaction.IBAN stands for International Bank Account Number. It’s an internationally-accepted system that simplifies bank transfers around the world by identifying individual bank accounts. SumUp also acquired Debitoor, a Danish company. [8] Debitoor is an invoicing software for freelancers and SMEs. [9]

In November 2020, SumUp acquired the London-based POS software provider Goodtill, followed by Paris-based Tiller in February 2021, to strengthen its position in the restaurant and hospitality sector. [10] [11] 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]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 ] But the flexibility doesn’t end there. Whereas traditional credit card machines typically involve minimum-term contracts and significant monthly fixed costs, SumUp’s portable card machines require no such commitment. Once you’ve bought your card reader, the only additional cost is a fixed fee per transaction. If you have a SumUp Business Account in the UK, your account comes with a UK account number and sort code, but in EU countries the account comes with an Irish IBAN, starting IE. You can find your UK account number or IBAN in the SumUp app or web dashboard.