What is the SumUp 2022 fee? SumUp is a machine that grows more and more. By having one of the lowest rates on the market, not having rent or membership fee, it has gained more and more fans, but is it really that good? Check out!
What this article covers:
What is SumUp?
SumUp is a payments company founded in 2011 in the city of London, England. Since then, the company has grown exponentially, to the point of merging with one of its biggest competitors. Plus, it offers one of the lowest rates on the market.
What is the fee for SumUp 2022?
First of all, it is interesting to remember that SumUp does not charge rent or membership for its machines, in addition to having only sales fees, that is: it did not sell anything, it does not owe anything. This applies to all card machines in the company.
The SumUp 2022 fee varies according to your billing, and in the case of credit payments and installment payments, you can choose between two plans: the economic one, and the advance one.
In the case of the economic plan, a fee of 3.1% is charged on cash credit, and the balance is released within thirty days. In the case of installments, the rate is 3.9%, and the balance is released every thirty days.
In the advance plan, the rate charged is 4.6% on cash credit and the balance is released within one day. In the case of installments, an initial fee of 4.6% is charged and a further 1.5% for each installment.
For debit sales, if you sell up to R$10,000 per month, the SumUp 2022 rate is 1.90%. If you sell more than R$10 thousand, then the fee is 1.60% for Visa and Master, and 2.60% for other brands.
Is this machine worth using?
Yea! The SumUp 2022 fee is one of the lowest on the market. In addition, as mentioned before, SumUp does not charge rent or membership fees, in addition to charging fees only on sales, which makes this machine an excellent option for those who have just started or for those who only sell sporadically.
Among so many options, the SumUp machine can be a great choice for your company, since, as we said, it charges one of the lowest fees on the market. In addition, the value of the machine itself is also great. If you are looking for an option with a lot of advantages, it might be interesting to give SumUp a chance.