UK start-up SumUp has launched its card payment terminal which requires neither an app nor a WiFi connection. The 3G Reader was developed in direct response to customer feedback, and uses an integrated mobile data connection to carry out payments, with SumUp charging 1.69% per payment. SumUp's low rate compares to the 1.75% charged by rivals iZettle and Square. SumUp, based on the premise that people are increasingly using their smartphones as wallets, is hoping customers will be willing to pay for things they would normally buy at shops or online.
UK start-up SumUp has launched its card payment terminal which requires neither an app nor a WiFi connection. The 3G Reader was developed in direct response to customer feedback, and uses an integrated mobile data connection to carry out payments, with SumUp charging 1.69% per payment. SumUp's low rate compares to the 1.75% charged by rivals iZettle and Square. The 3G Reader initially costs £69 ($91) and is set to launch in Europe in the coming weeks.