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SumUp launches first ever standalone card reader to empower small businesses in the UK

London - 11.10.2018 - Today SumUp (www.sumup.co.uk), the financial technology company that allows businesses of all sizes to receive payments quickly and simply, is launching its next generation card terminal; a standalone payment device that does not require an accompanying mobile app.

With the launch of the ‘SumUp 3G Reader’, the London fintech company becomes the first business of its kind to offer a standalone payment solution that does not rely on an app. To enable this, the device comes with an integrated free data card and a pay-as-you-go pricing model.

This new development is the product of ongoing feedback from SumUp’s 1 million active users worldwide, showing that for some businesses - particularly highly mobile ones such as handymen, delivery services, or waiters taking payments at the table - a card reader that requires no additional smartphone provides added flexibility.

The new standalone card reader is equipped with free data that enables transactions at 1.69% for all debit and credit cards, Apple and Google Pay - allowing business owners to accept payments anytime and anywhere.

The SumUp 3G Reader is launching in the UK and will hit markets in Europe shortly after. It will retail for £99, with a launch price of £69 in the opening weeks.

Daniel Klein, CEO of SumUp, comments: “We’re here to empower the world to accept card payments, no matter how small, unique, or mobile your business is. It’s crucial to us as a business that we allow any merchant access to affordable and easy-to-use payment devices. This new generation of card terminal is yet another step on our mission to becoming the world’s first globally-accepted payment provider.”

“We can’t wait for our new reader to hit the market and enable our merchants across Europe to accept payments with one hand within seconds.”

About SumUp SumUp is a financial technology company that allows businesses of all sizes to receive payments quickly and simply, both in-store and online. Named as Europe’s fastest-growing company in the ‘Inc. 5000’, SumUp has over 3,000 companies joining every day internationally - and with its card terminals relied upon by businesses from DHL to black cab drivers - SumUp surpassed an annual revenue of $200 million. SumUp’s 100% digital sign-up, fast delivery, and quick and easy set-up means that merchants can be empowered by digital transactions within just minutes of receiving their reader. www.sumup.co.uk