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SumUp Demos Payment Acceptance Platform

This post is a part of our live coverage of FinovateEurope 2013.

Thumbnail image for SumUpHiLogo.jpg

SumUp just started its demo featuring a payment acceptance platform:
“SumUp’s payment card acceptance platform helps the millions of small businesses that are missing out on customers because they cannot accept card payments. Traditional card terminals are expensive, with high monthly fees and long contract durations. SumUp’s payment dongle offers an easy way for small businesses and sole traders to accept card payments securely, even on-the-go. 
Using only a portable card reader and an iOS and Android app, merchants can accept card payments on their mobile device, with a transparent fee of only 2.75% per transaction.”

Product Launched: Q1/2 2013
HQ: Dublin, Ireland
Founded: August 2011
Metrics: Completion of a two-digit million EURO funding round in Q2 2012, over 130 employees across 10 countries
Twitter: @SumUp_UK
Presenting Stefan Jeschonnek (Co-Founder & CMO) and Florian Richter (Country Manager UK)