Fintech News

SumUp offers an Innovative solution to the Mobile Point of Sales industry (MPOS)

We live in a world where people are always on-the-go, as everyone is busy doing one activity or the other, and this often times create some sort of gap in productivity, when they have to take few moments to attend to erstwhile analog activities that would have been faster if they were mobile and with fewer processes. In order to create a bridge over the gap, developers came up with ideas of mobile systems that would facilitate more efficient, effective and faster processes, this is why we have mobile phones as opposed to desk phones, laptops as opposed to desktops, ATMs as opposed to bank tellers, etc. It is worthy to note that mobile devices are bringing positive disruptions in various industries and sectors, as they are bringing transformation to everything.

The business and financial industry is one sector that has continued to enjoy the benefits of the numerous technological innovations that have been created, and one very important innovative technology employed by many businesses is the use of mobile Point-of-Sale (MPOS), which is a way of facilitating payments without the need to visit the ATM or a bank first, because payments are made without physical cash, but with the aid of credit/debit cards, NFC, etc. The mobile payment industry is growing at a rapid rate, and it is due to the fact that more businesses are adopting the use of mobile card readers / mobile cash registers to improve their business operations.

Benefits of the MPOS

MPOS for business owners is an innovative technology that comes with amazing benefits, some of which include:

  • Increase in sales
  • Faster transactions
  • Improved customer experience
  • Enhanced security
  • Accuracy and efficiency when transactions are being executed
  • Compatible with mobile wallets
  • A good solution for Europay, Mastercard and Visa transactions and migration.

Whatever the payment requirements are for your business, mobile card readers and cash registers are a must-have for your business, and this is why SumUp brings you the best in EMV card readers, a perfect solution to boost your business payments.

The SumUp EMV card reader is an innovative technology that comes with more benefits than the average mobile card reader. People want faster, more secure and effective ways of making payments, and the SumUp EMV card reader has these abilities and more, to ensure seamless and secure transactions. Getting started and having the EMV card reader fully functional takes just about five minutes, and is as easy as signing up on https://sumup.com/ and going through the very straightforward processes with no additional paperwork or contract.

Features

  • Fast and direct payouts to bank accounts
  • $0 fixed fees
  • Users will pay only 2.65% on each transaction
  • Wireless connectivity via Bluetooth
  • Compatible with tablets, and Android or iOS devices
  • Works with Visa, Mastercard, Maestro, American Express, Discover, Apple Pay, Google Pay, and Diners Club International, among other card services.

The world of mobile services is constantly evolving, and we have to keep up with the pace, this is why we stay abreast of the developments in innovative card reader technologies to ensure you get the best. For more information about credit card payments, please visit https://sumup.com/credit-card-payment/.

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