As COVID-19 continues to wreak havoc on global economies, SumUp, the London-headquartered fintech, is announcing free Mobile Payments, as an alternative and innovative payment solution for its merchants.
The firm has launched free Mobile Payments and Invoicing across Europe to help consumers pay safely and remotely via smartphone. In addition to this, the fintech firm is waiving the fees on its Mobile Payments feature, enabling merchants to process payments with minimal physical contact.
They can do this by sharing a link via email, WhatsApp, SMS or any other messaging platform which allows the customer to authorise the transaction. The free feature was launched earlier this week across a number of key European markets including the UK.
It now means that merchants are able to remain operational, while adhering to the interpersonal distancing guidelines set by various European governments.
Marc-Alexander Christ, Co-Founder of SumUp, commented: “SumUp currently serves millions of small businesses and artisans, many of whom are still able to keep their shops open and carry on selling their services, while others are having to entirely reinvent their core offering.
“That’s why, at a time when preemptive measures are being implemented throughout Europe and consumer behaviour is drastically changing, we think it’s extremely important to encourage people to use remote payments solutions that preserve the health and safety of our society and can serve as a potential boost for many small businesses in these difficult times.”
The firm has recommended the use of either debit or credit card contactless payments, Apple Pay, and Google Pay, wherever possible. The new mobile payments feature will offer a practical solution for merchants on lockdown due to COVID-19, especially those who provide utility or home delivery services.
Supporting merchants across Europe, and to promote the use of innovative solutions which could help contain the spread of the virus, SumUp will take zero commission on virtual payments received through the Mobile Payments feature for existing and qualified SumUp merchants, until the 30th April.
And finally, SumUp has introduced SumUp Invoicing to the UK, a new service enabling British merchants to send and keep a digital record of invoices through the SumUp merchant app and online dashboard. This product can be accessed through the SumUp app, and will be available to all UK-based SumUp merchants for free until 30th April.