What is the SumUp charge?

What is the SumUp charge?

SumUp Card Readers 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.

Is SumUp free?

Whatsmore, the SumUp card machine is contract free and 100% online. It can take contactless payments as well as chip and PIN, making it convenient for you and your customers. It even accepts Apple Pay, Android Pay, and American Express.

How does SumUp?

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Can you connect SumUp to 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, quick sign-up and no complicated fees.

What is SumUp free now?

SumUp are offering 30 days 0% on ALL transactions from the date you create your account. If you choose not to use your account within the first 30 days, you will lose the offer. Thereafter fees will cost you 1.69% for each transaction.

How do you get paid from SumUp?

We process your transactions and then transfer the funds, minus our transaction fee, to your bank account. Depending on your bank's settlement procedures, this may take 1-3 business days from the transaction date to the day the funds appear on your bank account.

Can I use SumUp for personal use?

The SumUp is intended for businesses and may only be used to make payments for a business registered with SumUp. It is not intended for personal use.

How does SumUp payout?

SumUp Card: Transfers and card balance

1. On your SumUp profile, select the “SumUp Card” tab in the left-hand menu.
2. Go to "Payout settings" and click on "Change". You will be directed to the “Settings” tab.
3. Select “Direct to bank account”.
4. Click “Continue” to confirm your payout method.

How do I get my money from SumUp?

SumUp Card: Transfers and card balance

1. On your SumUp profile, select the “SumUp Card” tab in the left-hand menu.
2. Go to "Payout settings" and click on "Change". You will be directed to the “Settings” tab.
3. Select “Direct to bank account”.
4. Click “Continue” to confirm your payout method.

What percentage does SumUp take?

1.69% SumUp has a very clear pricing structure, you pay 1.69% for all transactions (both credit card and debit), whether you process £1 or £100,000 in a month. This is lower than Zettle's flat fee of 1.75%. However, both solutions have higher transaction fees than many merchant accounts.

Can you use SumUp on 2 phones?

Businesses with multiple staff members can use several SumUp 3G devices under the same SumUp business account.

How often does SumUp payout?

SumUp initiates payments – minus transaction fee – to your bank account daily, although it takes 1–3 working days to clear in the bank account. You can also choose to be paid weekly or monthly on a schedule.

Can I take payments over the phone with SumUp?

Virtual Terminal by SumUp Accept credit card payments remotely with any computer or mobile device. Don't get in the way when it's time to pay: quickly process card payments over the phone. Use any desktop or mobile device to process payments – even when your card reader is not at hand.

How do you cash out on SumUp?

How can I change the payout method?

1. On your SumUp profile, select the “SumUp Card” tab in the left-hand menu.
2. Go to "Payout settings" and click on "Change". You will be directed to the “Settings” tab.
3. Select “Direct to bank account”.
4. Click “Continue” to confirm your payout method.

Can you do refunds with SumUp?

Here's how it works: Within the SumUp app or dashboard, tap on the payment you'd like to refund. Select “Refund transaction” and enter your password. The total is reimbursed onto the card used in the original transaction.

Do you need WiFi for SumUp?

Can I use SumUp without WiFi? Yes. If you don't have access to WiFi, you can process transactions with SumUp using data coverage (minimum 3G speed) from your smartphone.

How do I withdraw money from SumUp?

How can I change the payout method?

1. On your SumUp profile, select the “SumUp Card” tab in the left-hand menu.
2. Go to "Payout settings" and click on "Change". You will be directed to the “Settings” tab.
3. Select “Direct to bank account”.
4. Click “Continue” to confirm your payout method.

What is the limit on SumUp?

Is there a transaction limit for my SumUp profile? There is no transaction limit for card-present transactions through your SumUp profile. This means you can make a transaction of any amount, using any of our card readers.

How long does SumUp take to pay?

Payout timeline We process your transactions and then transfer the funds, minus our transaction fee, to your bank account. Depending on your bank's settlement procedures, this may take 1-3 business days from the transaction date to the day the funds appear on your bank account.

How long does SumUp take?

Payout timeline We process your transactions and then transfer the funds, minus our transaction fee, to your bank account. Depending on your bank's settlement procedures, this may take 1-3 business days from the transaction date to the day the funds appear on your bank account.