- What does SumUp mean on bank statement?
- What is a sum up payment?
- How much does SumUp cost?
- What is SumUp used for?
- Can you use SumUp without WiFi?
- How do you use sum up?
- How do I get a refund from SumUp?
- Is SumUp any good?
- Which is better SumUp or iZettle?
- Can I take a card payment over the phone with SumUp?
- Is SumUp secure?
- What’s the cheapest card reader?
What does SumUp mean on bank statement?
A payment displayed as SumUp on your bank statement means that you have paid someone who uses one of our card readers.
On the statement it should also display the name of that merchant..
What is a sum up payment?
Take a payment on your card reader and get the money on your SumUp Card the next day. Use your card wherever Mastercard is accepted. … Order your SumUp Card free of charge. And with no monthly fees, no transaction fees and up to 3 free ATM withdrawals a month, you have time to focus on running your business.
How much does SumUp cost?
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. The Virtual Terminal transaction fee is 3.25% + $0.15.
What is SumUp used for?
SumUp empowers merchants to accept credit and debit card payments anywhere.
Can you use SumUp without WiFi?
The SumUp POS system can also be used with a LTE iPad. … Unless you want to accept card payments while using the mobile POS system, you will not need an active internet connection at all. You can still accept cash payments in the offline-mode. All transaction data will be synched once the internet connection is restored.
How do you use sum up?
Open the SumUp App and log in using your email address and password….How to accept payments:Your customer taps, inserts, or swipes their card.Your customer authorises the transaction (e.g. by PIN).The green tick indicates that the payment was successful. You’ll receive the payout in the next 2-3 business days.
How do I get a refund from 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.
Is SumUp any good?
SumUp Air is a compact, low-cost card reader for contactless and chip card payments. It works in conjunction with a mobile app and is super-easy to get started with. The only ongoing cost is a 1.69% transaction fee. Highs: Easy to use.
Which is better SumUp or iZettle?
Price-wise, SumUp actually works out cheaper, but not by a great deal, and both have similar settlement delay periods. iZettle has more security features but both are very secure, and their customer support services are reviewed similarly. SumUp, however, is on-call more frequently.
Can I take a card payment over the phone with SumUp?
Simply Send Payment Links to Mobile Devices and let customers pay by entering their card details on a mobile phone. Enter the amount in the SumUp app on your iOS or Android device.. … Share a payment link via text or with any messenger app.
Is SumUp secure?
At SumUp, we take security seriously. That’s why we’ve done everything possible to ensure our mobile point of sale (mPOS) products and services are the safest options available on the market today.
What’s the cheapest card reader?
As you can see the SumUp reader is the cheapest followed by the Square then PayPal Here then iZettle and finally the Shopify card reader. The SumUp is clearly the cheapest device but what’s impressive is that it achieves that without compromising on functionality.