What is SumUp payments Ltd?
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. Hope this helps.
Is it safe to pay by SumUp?
SumUp payments are processed in accordance with the highest industry security standards. SumUp’s transaction process ensures that all data is encrypted and transferred to our secured payment server. In addition, SumUp never stores any sensitive data on mobile devices such as your smartphone, tablet, or the card reader.
Who uses SumUp?
Since October 2016, SumUp is also operating in the United States. In September 2017, SumUp launched its service in 15 European countries – Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Latvia, Lithuania, Luxembourg, Malta, Norway, Slovakia and Slovenia.
How do I get rid of SumUp?
Type in “SumUp” into the search bar above and search for the app. Click on the SumUp App. Tap the “Uninstall” button and then install the app again. Now open the SumUp App as usual, and log in with your email and password.
Can you refund on SumUp?
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.
What is Amas Ltd on bank statement?
This is a pending charge for a transaction that hasn’t been processed yet.
Can SumUp be hacked?
They tested a range of devices shipped by some of the best-known payment companies in the world, PayPal and Square, as well as up-and-coming players iZettle and SumUp. Two versions of the same reader were found to be vulnerable to hacks that could steal PIN numbers in plain text.
Is SumUp an Irish company?
SumUp, a company dedicated to helping small businesses overcome their issues with accepting credit and debit cards as forms of payment, launched its mobile point-of-sale technology in Great Britain, Ireland, Germany, and Austria today.
Is there a minimum payment on SumUp?
The minimum payment amount is £1 and customers are able to pay by contactless card/phone for amounts up to £30 without entering their PIN. There’s no transaction limit on Apple Pay or Google Pay payments.
Why is my SumUp blocked?
Prolonged heat, cold temperatures, and external force or hard impact (for example, falling on the ground) can all trigger the mechanism. Should this happen, the message “Device blocked” will appear on your card reader’s screen and your device will need to be replaced. In this case, please contact our Support Team.
Why is my SumUp machine not charging?
Step 1: Reset the card reader
Make sure your card reader is not charging. Turn off your reader. Now press and hold down the power button of your card reader until you see “Release for BT” on the display. Release the power button once you hear a beep.
Why does my SumUp keep declining?
This could be as simple as entering the wrong pin, reaching a daily payment limit, or not having sufficient funds. Dysfunctional or demagnetised chips can also interrupt payment, as can removing the card too quickly.
How much does SumUp charge per transaction?
1.69% per transaction
There are no ongoing or monthly fees with SumUp – it’s simply a case of paying a flat rate of 1.69% per transaction. Refunds are free as long as they are processed prior to the transaction being paid into your bank account, otherwise the original 1.69% card fee will be charged.
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.
What is the cheapest way to take card payments?
What’s the Cheapest Way for Small Businesses To Accept Credit Card Payments?
- Square. Mobile payment and POS system for retailers. …
- PayPal. Customers buy online or in store via QR code or mobile app. …
- Stripe. …
- Shopify. …
- Stax by Fattmerchant. …
- Payment Depot. …
- Zoho.
How do I contact SumUp?
Contact our support agents by email or by phone during our office hours if you have any additional questions!
Need help?
| United States | |
|---|---|
| [email protected] | |
| Phone | 1 (888) 250-2164 |
| Opening Hours | 9am – 7pm EST (Monday-Friday) |
How often do SumUp pay?
SumUp initiates payments – minus the transaction fee – to your bank account or SumUp Business Account daily. It takes 1–3 working days to clear in the bank account, whereas the SumUp account receives funds the following day. You can also choose to be paid weekly or monthly on a schedule.
How do SumUp payouts work?
Payout Timeline
SumUp processes your transactions and then transfers the funds, minus the SumUp fee (2.75% for in-person transactions, 3.25% + $0.15 for remote transactions), to your bank account as fast as possible.
Does SumUp do credit check?
As renting these often comes with longer contracts, the merchant account providers that offer them will usually perform a credit check. Mobile card readers are also great for taking payments at the POS, although big providers like Zettle and SumUp run credit checks, too.
Is SumUp a bank account?
Account and card
SumUp is not a bank; it is an e-money institution and mobile payment solutions provider. The Business Account is therefore an e-money account rather than a bank account, but it has an account number, sort code and BIC. It does not have an IBAN for international transfers.
Does SumUp report to IRS?
We are not obligated to, nor will we, determine whether taxes apply, nor will we calculate, collect, report, or remit to any tax authority taxes arising from any Transaction. SumUp specifically disclaims any liability relating to taxes on Transactions.