Payments service provider SumUp has launched Business Accounts for its merchants based in the UK and Europe.
In Brief:
The new accounts will enable merchant to send sales payments directly into their account.
This service can be used in combination with services SumUp already offers, like its POS card reader and payment links.
Merchants can send funds from sales directly to their account any day of the week.
What does this mean?
It’s hoped that the tools and business account will streamline operations for smaller businesses and reduce their reliance on high street banks.
