INSUBCONTINENT EXCLUSIVE:
SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, is launching its own
In addition, SumUp merchants have access to other benefits, such as guaranteed next-day payouts (including on weekends) and low FX rates
It means SumUp now covers collecting and making payments, evolving into a banking app of sorts.The SumUp Card, which supports online,
contactless, and Chip-and-PIN payments, has no upfront cost or monthly fee
SumUp spokesperson tells A Technology News Room
broadly, the pain point SumUp is trying to solve is that working capital is one of the biggest costs for small businesses, and by allowing
clear that quicker payments and uninterrupted access to funds were particularly important to those running a micro-business, and who may not
bank is prohibitive for the small merchants as banks avoid serving this segment and are not able to do so profitably
In our merchant interviews, we heard feedback from a U.K
