24 March 2020

SumUp waives fees to support businesses

Written By FinTech Alliance

SumUp waives fees to support businesses

UK FinTech SumUp is making its mobile payments platform free throughout the Covid-19 crisis.

In Brief:

  • Fees have been waived until 30 April.

  • Retailers can use the service to settle transactions remotely via a link.

  • There will also be a new free invoicing feature allowing companies to send and record electronic invoices.

What does this mean?

This will help small businesses keep up operations throughout the pandemic. The solution is largely aimed at retailers which are on lockdown and especially companies that offer delivery services.

Read more here.

 

Up Next ...
27 January 2023

Spotlight On: Marijke Koninckx

FinTech remains a male dominated industry, and for women it ...

27 January 2023

Lloyds invests £4m in driving payments app Caura

Lloyds Banking Group has invested in Caura, a motoring app ...

27 January 2023

Stripe sets one-year timetable for IPO decision

Stripe has set a 12-month deadline to decide whether to ...

27 January 2023

HMRC’s Open Banking payments via Ecospend hits £10.5bn

£123m has been processed via HMRC’s mobile app alone

More in Payments

Visa to enable biometric payments for World Cup

18 November 2022

Payments giant Visa is the official payment technology provider for ...

Carta Worldwide partners with Easy EP for new card offering

12 September 2022

Easy Payment & Finance (Easy EP) has selected FinTech Alliance ...

DIGISEQ, Mastercard develop recycled payment solution for French Open

08 September 2022

Wearable tech company DIGISEQ has partnered with Mastercard and MuchBetter ...

Posted By The Community

Do early payments create social value?

15 July 2022

The environmental, social and governance impact and responsibilities that all businesses have – often referred to as the ESG agenda – is a big priority at the moment....

Written By: Saltare Technologies

White Papers Payments

Crypto’s embedded finance future

12 January 2022

Cryptocurrencies and investments are more popular than ever. So what’s holding them back from even w...

Articles Payments

The European payments landscape in 2030

22 October 2021

Introducing Marqeta's new European payments report: The European Payments Landscape in 2030: Implant...

White Papers Payments

Make payment optimization a part of your core payment strategy

14 July 2021

According to the Federal Reserve Bank of San Francisco 62% of purchase transactions in 2018 came in...

Articles Payments

PSD2 SCA: How ready are issuers?

22 June 2021

The revised Payment Services Directive (PSD2) is now live in Europe and the biggest question on ever...

Cross-border: 4 steps to maximise cross-border payments success

Cross-border: 4 steps to maximise cross-border payments success

23 February 2023

03:00 PM - 04:00 PM

Webinar, online, Erlang Solutions, London, E1 8PY, UK, UK

Free