SumUp introduced the launch of a variety of latest merchandise and options at its annual occasion this week.
The brand new choices embody a proprietary Faucet to Pay on Android answer, an upgraded Enterprise Account, in addition to enhancements to its level of sale answer.
London-based SumUp received Better of Present in its Finovate debut at FinovateEurope 2013.
Ecommerce and funds platform SumUp took the event of its annual Beacon occasion to announce the launch of a spread of latest merchandise designed to handle quite a lot of service provider ache factors. These options embody an in-house Faucet to Pay answer for Android, and quite a lot of new options to its platform designed to assist retailers of all sizes enhance money move, effectivity, and buyer engagement as they scale.
“Every of the merchandise we launched demonstrates how the SumUp product ecosystem has grown to cowl the important wants of companies at every stage of operations, from micro companies to established ones with complicated operations and lots of staff,” SumUp Chief Product Officer Anna Kuriakose stated. “We consider that SumUp’s built-in ecosystem—which brings collectively the completely different facets of working a enterprise—is incomparable within the worth it delivers to our clients.”
SumUp’s Faucet to Pay on Android allows retailers to simply accept contactless funds immediately from the hundreds of telephone manufacturers and fashions that aren’t iPhones. The dimensions and number of the Android market, relative to iOS, has given Android a bigger market share in EU international locations particularly. SumUp’s proprietary Faucet to Pay answer will present a quicker, extra streamlined, and extra dependable expertise for retailers and shoppers who’ve opted for Android. Additional, SumUp’s answer options enhanced card detection, PIN entry to spice up safety at checkout, and delivers larger transaction success charges due to SumUp’s cost infrastructure and the absence of upfront prices.
Faucet to Pay is at the moment energetic in Europe and Brazil. The corporate plans to introduce the expertise in Chile, Colombia, Peru, the US, and Australia “quickly.”
SumUp additionally unveiled a handful of latest instruments for retailers. These embody enhancements to its SumUp Enterprise Account. With SumUp’s new Enterprise Account Plus, retailers will profit from new options for a number of balances, in addition to the power to concern and monitor a number of playing cards and bulk transfers. The brand new Plus accounts are slated to go dwell throughout core markets later this month.
Moreover, SumUp launched an improve to its Level of Sale answer known as POS Plus. Designed with retailers resembling eating places and wonder salons in thoughts, POS Plus provides options resembling PIN-based worker profiles, one-tap promotions, kitchen order administration, and the power to flag out-of-stock gadgets. POS Plus is predicted to be launched to pick EU markets in April.
Together with these new options, SumUp additionally introduced the discharge of its new Solo Lite card reader, a brand new Kitchen Show System (KDS) to assist streamline restaurant operations, and extra.
Based in 2012, SumUp received Better of Present in its Finovate debut at FinovateEurope 2013 in London. Within the years since then, the UK-based fintech has turn into the accomplice of greater than 4 million retailers in 36 markets around the globe. With 3,000+ staff in 20 places of work globally, SumUp provides cost acceptance options, instruments to assist retailers higher handle and lower your expenses, and progressive applied sciences to boost order administration and gross sales. Co-Founder Daniel Klein is SumUp’s CEO.
Most lately, SumUp introduced a partnership with FreedomPay to offer retail and hospitality companies with a cost system with offline capabilities—together with for distant retailers. The system will even function the power to entry a cost processing service from a single supplier, no matter location.
“At SumUp, we’re devoted to empowering retailers with cost options which might be as easy as they’re safe,” SumUp Business Lead Joey Oliver defined. “With FreedomPay as our accomplice, we’re advancing our dedication to creating top-tier cost expertise accessible and efficient for each enterprise.”
Picture by Ivan Samkov
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