Having a SumUp card reader has been a game-changer for my business. It’s helped secure more day-to-day sales and offers a level of flexibility that really helps me.” 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] 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] Vazquez, Dayana (3 September 2020). "BancoEstado finaliza alianza con SumUp y se queda con la propiedad y marca Compraquí". América Retail. We recommend enabling push notifications so you’ll always know when your business account is used for an online transaction.

Yes, they are. You’ll often see BIC codes referred to as SWIFT codes, SWIFT/BIC or BIC/SWIFT. They’re a bit like postcodes, in that it’s important to provide the correct one when you transfer money. If you get the SWIFT/BIC wrong, your transfer could get delayed, returned, or sent to the wrong place. 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] SumUp acquires London-based Goodtill to expand services to restaurant and hospitality sectors". goodtill. 19 November 2020.

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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. Traditional countertop card machines, the type you commonly see in supermarkets and large retail chains, require a physical connection to the internet or a phone line. Conversely, portable card machines connect over Wi-Fi or mobile data, and so don’t need to be tethered to a fixed spot in your place of business.

Rusman, Evie. "SumUp teams with Google to allow businesses to add gift cards to profile". cardsinternational.com. Cards International . Retrieved 29 March 2022. Ingrid Lunden (27 April 2016). "SumUp and Payleven merge as European 'Square clones' consolidate". TechCrunch. Simple layout: Manage branches, employees and customer information all on your Lightspeed POS dashboard. Shore offers an all-in-one POS software that can be used with an iPad. With a clever combo of easy setup, digital accounting and inventory intelligence, Shore POS is a great multitasker when it comes to your retail or hair and beauty business. Your iPad and Shore software can be easily paired with your SumUp Air Card Reader.

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Hardware bundles: Personalise your setup with iPads and stands, printers, cash drawers, barcode scanners and receipt printers. SumUp’s primary product offering is an EMV card reader, which can read magnetic strip, chip ("Chip and Pin"), and RFID/NFC.

SumUp teams with BancoEstado for cool mobile card deal in Chile | Banking Technology". www.bankingtech.com. 22 November 2017 . Retrieved 4 January 2018.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. SumUp to commit one percent of future revenues to environmental causes". finextra.com. Finextra . Retrieved 29 March 2022. The idea of SumUp was conceived in 2011, and the company was founded in 2012. [3] Investors include Goldman Sachs, Temasek, Bain Capital Credit, Crestline, Oaktree Capital Management, American Express, BBVA Ventures and Groupon. [4]