19 February 2020

SumUp and Mastercard partner to support SMEs

Written By FinTech Alliance in SME

SumUp and Mastercard partner to support SMEs

London FinTech SumUp has partnered with Mastercard to launch a pre-paid card.

In Brief:

  • SumUp enables businesses to take card payments via its device and online.

  • SumUp Card will enable funds to be accessed without first being transferred to a third-party bank account.

  • The prepaid card will be launched with Mastercard.

What does this mean?

The card will enable merchants to gain quicker access to funds via SumUp, thus improving cash flow for smaller businesses. SumUp merchants will have access to other benefits including guaranteed next day payouts and low rates for foreign exchange.

 Read more here.

 

Up Next ...
05 November 2024

MeaWallet Introduces New Features to Support Click to Pay, Enabling Safer, Faster Online Shopping

MeaWallet product updates support businesses facing mandatory regulatory requirements that state they must support Click to Pay

05 November 2024

Nium and HyperGuest Join Forces to Streamline Payments for the Travel and Hospitality Industry

This partnership will enhance payment efficiency and security for HyperGuest’s global network of travel and accommodation partners with Nium’s virtual card solution...

05 November 2024

Mastercard's 'Pay Local' Brings Global Payment Access to Digital Wallets

This initiative particularly benefits travelers, as it eliminates the need to preload prepaid accounts, making global payments more seamless

04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

More in SME

Novo launches working capital product for SMEs

03 August 2023

Novo, a provider of digital-only banking services for US small ...

Tide expands into India to serve SMEs

07 December 2022

UK business banking FinTech Tide has launched in the Indian ...

Predictive Black acquired by FatBrain

17 November 2022

FinTech Alliance company Predictive Black has been acquired by FatBrain ...

Paysend, Currencycloud partner on SME product

25 August 2022

Paysend Business has launched to help SMEs reach new customers ...

White Papers SME

SME lending – the road to real-time approvals

12 June 2023

How to Build World-Class SME Lending ExperiencesThirty-two percent of SMEs now work with online lend...

White Papers SME

Infographic: The global growth of small businesses

27 October 2021

There isn’t a single part of the world that hasn’t been affected by Covid-19

White Papers SME

Big Opportunity in Small Business Payments - Now Is the Time to Capitalize on SMEs’ Cross-Border Payments

05 May 2021

Small and medium-sized enterprises are a dynamic force in the global economy today and a growing sou...

Articles SME

State of the Nation - SMEs in MENA Report 2019

27 November 2019

Starting a business is no small undertaking. It can be exciting, challenging and ultimately rewardin...

There are no Events in this category