SumUp (sumup.co.uk) is a European mobile credit card processing application for iPhone and Android users that launched in mid-2012. The service is similar to its U.S. predecessors like Square and GoPayment, and it includes an EMV-compatible card reader for £59 ($69 U.S.), a phone app, account setup, and a flat processing fee of 1.69% (2.75% U.S.) for all card types and transactions with no additional fees. In April 2016, SumUp merged with Payleven, and the newly formed entity retained the SumUp brand. Currently, SumUp is available in Austria, Belgium, Brazil, France, Germany, Ireland, Italy, Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, United Kingdom, and the United States of America. For the purposes of this review, SumUp will be considered a UK company with UK pricing.
The company can be seen as a direct competitor to iZettle, another similar service that entered the European market around the same time as SumUp. Daniel Klein is listed as the CEO of SumUp.
- Sales & Marketing: SumUp does not appear to hire independent sales representatives and has not received any major complaints about its sales practices.
- Costs & Contract: SumUp offers a month-to-month agreement with a fixed per-transaction fee and a one-time cost to purchase a card reader.
- Complaints & Service: SumUp has received more than 50 public complaints.
- BBB Rating: SumUp does not have a profile with the Better Business Bureau at this time.
- Rates & Fees: How Merchants Got The Best Rates With SumUp