Was ist SumUp payments Ltd?
What is SumUp on my 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 SumUp a bank account?
Is SumUp a bank? No, SumUp isn’t a bank. We are a leading financial services provider and an authorised electronic money institution, regulated in the UK by the Financial Conduct Authority (licence no. 900700).
What is SumUp free now on bank statement?
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.
Is SumUp a UK company?
SumUp is a mobile payments company headquartered in London, United Kingdom.
Who is SumUp owned by?
Marc-Alexander Christ, Co-Founder of SumUp, comments: “From the shop-floor to the online checkout, SumUp is looking to be the first point-of-call to merchants globally. Every decision we make to expand our product suite is made with the consideration and feedback from our 1 million users worldwide.
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) |
Do you have to be a registered business to use SumUp?
To use the Services, you must be at least 18 years old and register an account with us (“SumUp Account”, “Profile” or “Account”). By accepting these Terms you confirm that you are an entrepreneur, freelancer, or business owner and use the services exclusively for business use. Minors are prohibited from registering.
Does SumUp report to the IRS?
Is SumUp responsible for my tax compliance? As a provider of mobile point-of-sale products and related services, SumUp is not responsible for your fiscal compliance and will not interact with tax authorities to provide them with merchant fiscal transaction data.
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.
How long do SumUp payments take?
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.
Is SumUp a Fintech?
SumUp is a financial technology company that enables businesses to accept card payments at the Point-of-Sale or on the go.
Can SumUp take payments over the phone?
Payment by phone is generally completely free of charge for customers. For merchants who want to accept payments by phone, the fees depend on the card terminal provider. At SumUp, contactless payments, whether by phone or card, are processed in the same way as chip and PIN payments.
How do you accept card payments on SumUp?
SumUp Plus: Accept Card Payments
- Open the SumUp App on your smartphone or tablet and log in with the email address and password that you registered with.
- Enter the transaction amount or choose a product from the Product Catalog. …
- Your card reader will automatically turn on and connect to your device.
Can SumUp take online payments?
Whether you’re starting a business or looking to grow, SumUp offers a range of products to help you accept payments online, in-store and on the go.
How do I transfer money from my SumUp to my bank account?
On your SumUp profile, open the “SumUp Card” tab. On the Overview page, click on “Transfer” in the „Transfer funds“ box. Add the details of the recipient including their name and banking info. Enter the amount you wish to send and, optionally, a payment reference and continue with „Next“.
Where do SumUp payments go?
By default, your payouts, minus our transaction fee, will be sent to the bank account associated with your SumUp profile. However, you can also change your payout settings to enable next-day payouts to your Business Account instead.
Is SumUp a business account?
SumUp Business Account is an e-money account, not bank account, managed through an app or online dashboard. It allows you to transfer money to any UK bank account, receive next-day payouts from SumUp and use a debit card for business expenses.
How do I connect my SumUp card reader to my bank account?
Start a new pairing by opening the ‚Account‘ section of the app on the top left (iOS: ‚Account‘, Android: menu-symbol), tap on ‚Payment methods’/’Choose card reader‘ and choose ‚SumUp Air‘ as your card reader. Restart your smartphone/tablet: by doing so, the Bluetooth chip restarts.
How do I turn off sum card reader?
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.
How do I pay cash into my SumUp account?
Accept cash payments
- On the SumUp App, tap „Checkout“ at the bottom of the screen.
- Enter a charge amount or select an item from your item catalogue.
- Tap „Charge“ and then select “Cash”.
- Enter the amount of cash you were given and the app will calculate how much change is due.
How do payouts work?
Payouts refer to the expected financial returns or monetary disbursements from investments or annuities. A payout may be expressed on an overall or periodic basis and as either a percentage of the investment’s cost or in a real dollar amount.
What is payout figure?
A payout figure is the total amount required to pay out your loan.
What are the 3 statuses for payouts?
Below, you will find the definition and details of the three different statuses.
Payout complete
- Total amount of payout.
- Date that the payout was initiated.
- Payout provider and account details it was paid out to (PayPal, Payoneer, Stripe)