What Is Sumup On My Bank Statement?

  • Sumup is a mobile payments company that allows you to make contactless payments with your phone.
  • When you make a payment with Sumup, the funds are transferred from your bank account to the merchant’s bank account.
  • This will appear as a purchase on your bank statement.

What is SumUp on my credit card?

SumUp is a mobile payments company that allows businesses to accept debit and credit card payments through their smartphone or tablet. The SumUp app is available for iOS and Android devices.

What are SumUp charges?

FAQs

How does SumUp payment work?

SumUp is a mobile payment company that allows businesses to accept card payments through their smartphone or tablet. The SumUp app works by connecting to a card reader that plugs into the headphone jack of your device. Once you have downloaded the app and created an account, you can start accepting payments by entering the amount you want to charge and swiping the customer’s card. SumUp charges 2.75% for each transaction.

What are SumUp payment links?

SumUp payment links are a way to collect payments from customers without having to take their credit or debit card information. When you create a payment link, SumUp sends the customer to a secure page where they can enter their payment information. The payment is then processed and the funds are transferred to your account.

How do I connect my bank account to SumUp?

To connect your bank account to SumUp, you will need to provide your bank account number and the name of your bank. Once you have entered this information, SumUp will verify your bank account and you will be able to start accepting payments.

How do I get a refund on SumUp?
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To request a refund on your SumUp account, please follow these steps:
Log in to your SumUp account and go to the ‘Settings’ tab.
Scroll down to the ‘Refunds’ section and click on the ‘Request a Refund’ button.
Fill out the form and click on the ‘Submit’ button.
You will receive an email notification once your refund has been processed.

Is SumUp a bank account?

No, SumUp is not a bank account. It is a mobile payment processing company that allows businesses to accept payments via card swipe, chip and PIN, or contactless payments.

Who uses SumUp?

SumUp is a payment processing company that enables small businesses to accept card payments. The company is headquartered in London, England, and operates in over 31 countries.

How do I cancel a SumUp transaction?

To cancel a SumUp transaction, you can either call our customer service team or send us an email. We’ll be happy to help you cancel the transaction and refund the money to your account.

What is SumUp business account?

SumUp is a business account that allows companies to accept card payments. The account comes with a card reader that attaches to a smartphone or tablet, and allows businesses to process transactions quickly and easily. SumUp also offers a range of features to help businesses manage their finances, including invoicing, tracking expenses, and receiving real-time updates on sales.

Is there VAT on SumUp charges?

Yes, there is VAT on SumUp charges.

Do I need a business account to use SumUp?

No, you don’t need a business account to use SumUp. You can use your personal credit or debit card with SumUp.

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What are the affects of SumUp charges?

SumUp charges a flat fee for each card transaction, which is typically lower than the fees charged by other processors. This makes it a more affordable option for small businesses. SumUp also offers a no-contract plan, so businesses can cancel at any time.

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