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SumUp: Affordable Payment Solutions and Point of Sale Systems

SumUp is a financial technology company that provides payment solutions and point-of-sale systems to small businesses. With over 4 million users, SumUp offers a range of products including card readers, POS systems, and business accounts designed to streamline payment processing and enhance customer engagement. Its transparent pricing model and user-friendly tools help businesses manage their transactions efficiently.

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FAQs

What types of businesses can benefit from using SumUp?

SumUp is suitable for a variety of businesses, including restaurants, salons, spas, and retail stores, providing tailored solutions to meet their specific needs.

What are the transaction fees associated with SumUp?

SumUp charges a fee of 2.6% + 10¢ for in-person transactions and 3.5% + 15¢ for online transactions and manual entry.

How quickly can businesses access their funds with SumUp?

Next-day payouts are available when businesses use a SumUp merchant account.

Is there a minimum amount required to process each month with SumUp?

No, SumUp does not require a minimum amount to be processed each month.

What features does the SumUp POS system include?

The SumUp POS system includes capabilities for taking orders, managing sales, accepting various payment types, and built-in loyalty features to encourage repeat business.

How can businesses get started with SumUp?

Businesses can get started by downloading the free SumUp App from the Apple App Store or Google Play and signing up for an account.

Q: How often does Sumup experience outages?

A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.

Q: How long do Sumup outages typically last?

A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.

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