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SumUp

Score9.7 out of 10

3 Reviews and Ratings

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What is SumUp?

SumUp is a financial technology company that enables businesses to accept card payments at the Point-of-Sale or on the go in a simple, secure, and cost-effective way.

It offers an end-to-end EMV card acceptance solution built on proprietary hardware and mobile apps. This unique offering enabled SumUp to rapidly expand into 16 markets, including the U.S., Brazil, and Germany, making it the mPOS company with the largest global footprint. The company has gone on to develop a full suite of SDKs and APIs for third parties to integrate card payments into their mobile apps. SumUp has been backed by renowned investors, including Groupon, BBVA Ventures, Holtzbrinck Ventures, and American Express. In April 2016 SumUp has merged with the mPOS company payleven to create the global leader in mobile payment.


The London, England-based fintech company was established by Stefan Jeschonnek, Marc-Alexander Christ, Daniel Klein, Petter Made, and Jan Deepen in 2011.

Categories & Use Cases

Reviews

What users are saying about SumUp.
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A reliable and simple to use way of taking card payments, where you get paid quickly!

Incentivized
Nathan LittletonView profile
Director in Corporate at Nathan Littleton (1-10 employees employees)

Use Cases and Deployment Scope

I typically use SumUp to sell books and products at exhibitions and events. It makes it easy to sell these products to customers and people who wish to make their purchase using a credit or debit card. Although there are other options available now, when I originally chose SumUp, the options for taking card payments were much more limited and a lot more expensive (often with monthly fees attached in addition to transaction fees).

Pros

  • Works reliably
  • Fast payments
  • Nice UI

Cons

  • Integration with other apps

Most Important Features

  • Reliability
  • Ability to set up and choose products at the point of sale.
  • Fast payments to bank account.

Return on Investment

  • Have been able to make sales to customers who don't have cash - increased revenue.
  • Trustworthy as a recognised brand - gives us credibility.

Alternatives Considered

Square POS, PayPal Zettle (formerly PayPal Here) and PayPal Payments Pro

Other Software Used

Xero, Shopify, GoCardless

SumUp Acquirer

Incentivized
Eduardo Passos
Chargeback Analyst in Finance and Accounting at eDestinos.com (11-50 employees employees)

Use Cases and Deployment Scope

I use SumUp on a personal basis, it is very useful for me, it saves me in many payment situations, and it is an option with excellent credit card payment processing rates and an attractive advance rate. Use in a check out for example. I recommend its use.

Pros

  • High pass rate
  • Easy control via portal
  • Values are correctly computed

Cons

  • Improve communication with merchants.
  • Have a chat on the merchant portal.
  • To have little monkeys with approximation.

Most Important Features

  • Credit card machine
  • Accept debit
  • Have payment link

Return on Investment

  • Satisfactory
  • High approval
  • Low risk of fraud

Alternatives Considered

Adyen and Riskified

Other Software Used

Adyen, dLocal

Great product

Incentivized
Verified User
Employee in Marketing (1-10 employees employees)

Use Cases and Deployment Scope

Needed a mobile solution for an outside bar for one of our clients, we looked at a few other solutions but SumUp was by far the best for what we needed to achieve. Very easy to customise the tills with images to make it easier for the staff, the mobile app worked really well for outside ordering and all the SumUp peripherals work really well and look cool too.

Pros

  • Customisiation
  • Ease of use
  • Peripherals

Cons

  • The ability to add categories within a category.

Most Important Features

  • Ease of use
  • Customisation
  • Portability

Return on Investment

  • Without it the business would not work.

Alternatives Considered

Square POS

Other Software Used

Adobe PhotoShop, Adobe Illustrator CC, Blender, Adobe Animate (formerly Flash)