How SumUp Pay App Works for Online Sellers

The SumUp Pay App is a game-changer for online sellers, allowing them to accept payments from anywhere, at any time. It's designed to be user-friendly and seamless, making it easy to get set up and start selling.

You can link your bank account or card to the app, which allows you to receive payments instantly. This means you can access your money as soon as a sale is made, without having to wait for a transfer.

The app also offers a range of features, including invoicing and receipting, making it easy to manage your sales and customers. You can even track your sales history and view your transaction records, giving you valuable insights into your business.

Overall, the SumUp Pay App is a powerful tool that can help you grow your online business and reach new customers.

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SumUp Pay App is a mobile payment solution that allows users to make contactless payments using their smartphones. It's available for both iOS and Android devices.

The app is designed to be easy to use, with a simple and intuitive interface that makes it easy to navigate and make payments. Users can also track their transactions and view their payment history.

SumUp Pay App uses a secure tokenization system to protect users' payment information, ensuring that sensitive data is never stored on the device or shared with third parties. This provides an additional layer of security for users.

With SumUp Pay App, users can make payments in-store, online, or in-app, making it a versatile payment solution for everyday transactions.

To get started with SumUp Pay App, you'll need an iPhone XS or later running the latest iOS.

You'll also need to create or log in to your SumUp profile, which is a straightforward process.

Download the free SumUp app on your iPhone, and you'll be ready to go.

To enable Tap to Pay on iPhone, select ‘Tap to Pay on iPhone’ on the app home screen.

A unique perspective: Set up Tap to Pay on Iphone

You'll need to enter the amount you'd like to charge your customer, tap ‘Charge,’ and select ‘Tap to Pay on iPhone.’

Before you start, make sure your iPhone is running the latest iOS version, which you can update by going to Settings > General > Software Update.

Here's a quick rundown of the steps to get started with Tap to Pay on iPhone:

Some contactless cards may not be accepted by your payment app, and transaction limits may apply.

To get started with SumUp's Tap to Pay, you'll need an active account, the SumUp iOS app downloaded, and a recent, up-to-date iPhone.

The SumUp card machines cost between £39-£139 + VAT, depending on the model you choose. The SumUp Air reader starts at £39 + VAT, while the SumUp Solo and Solo & Printer models start at £79 and £139 + VAT respectively.

You can choose from three SumUp card machines: the SumUp Air, SumUp Solo, and SumUp Solo & Printer.

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Here's a breakdown of the costs:

SumUp's EPOS systems cost between £0/month to £49/month + £399 (one-off fee). You can choose from three options: Free POS App, POS Lite, and POS Pro.

The Free POS App is free to download and use, but it only comes with basic features. The POS Lite option costs £0/month + £299 (one-off fee), while the POS Pro option costs £49/month + £399 (one-off fee).

If you're looking for a cheap EPOS solution, you might want to consider Square's free EPOS app, which comes with more features than SumUp's free plan.

There's no subscription fee or contract to use Payment Links, you'll just pay a 2.5% fee on every successful transaction.

We strongly advise buying a SumUp card reader, especially if you're concerned about security or want to avoid sharing your personal phone with team members. The price of a SumUp card reader is only a few tens of pounds.

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Payment processing with SumUp is straightforward and affordable.

Transaction fees range from 0.99% to 2.5% per transaction, depending on the type of payment.

To lower these fees, you can explore SumUp's options, but be aware that taking payments over the phone comes with higher fees, at 2.95% + 25p.

You can track all of your sent payment links in the SumUp App, making it easier to keep tabs on outstanding payments and remember which customers owe what.

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Payment processing is a complex system, but it's based on a simple idea: merchants accept payment from customers, and payment processors facilitate that transaction.

A payment processor acts as an intermediary between the merchant's bank and the customer's bank, ensuring that the payment is processed securely and efficiently.

Payment information is transmitted to the payment processor through various channels, including the merchant's website, mobile app, or point-of-sale terminal.

The payment processor then verifies the payment information and checks for sufficient funds in the customer's account.

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Once the payment is verified, the payment processor transfers the funds to the merchant's bank account, minus any fees or charges.

Payment processing fees can be a significant expense for merchants, ranging from 2-3% of the transaction amount, plus a small fixed fee.

Payment processors also provide additional services, such as chargeback protection and fraud detection, to help merchants manage risk and reduce losses.

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Transaction fees with SumUp range from 0.99% to 2.5% per transaction.

You can lower your transaction fees with SumUp by taking advantage of their fee-reducing options, although these aren't specified in the article.

SumUp's virtual terminal charges a higher transaction fee of 2.95% + 25p for payments taken over the phone, due to the increased risk involved.

Square's virtual terminal, on the other hand, charges a lower transaction fee of 2.5% for phone payments, making it a more cost-effective option for businesses that frequently take payments over the phone.

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