Payments firm SumUp has launched SumUp Pay, a digital wallet that the company claims makes shopping locally easier and more rewarding.
The company claims the app offers a secure payment mechanism for consumers across Europe and is equipped with several features designed to enhance the user experience and make purchases seamless and convenient.
The app also offers a virtual Mastercard that can be topped up using a saved card or via bank transfer, enabling users to make remote or in-person purchases enabled by Google Pay and Apple Pay, transfers and withdrawals.
The product also offers an integrated loyalty scheme focused on support local firms – allowing users to collect rewards on every pound spent on their virtual card and also allowing them to earn more points for paying SumUp merchants.
SumUp Pay also offers one-click secure remote payment for SumUp merchants, payment via a SumUp QR Code by easily scanning the code with the app as well as the fact consumers can easily send and request money from friends.
The new app is available for free in the UK, Germany and Italy via the App and Play Store’s. New customers are also entitled to receive a £10 points bonus upon successfully completing the sign-up process, to be spent at any SumUp merchant. Consumers will have a comprehensive overview of their transaction history which can all be tracked in one place.
SumUp head of consumer business Pedro Branco said, “Today is a proud day for everyone at SumUp as we expand our product offering into the B2C space for the very first time. Our all-in-one loyalty e-wallet app not only offers a convenient payment mechanism for consumers to pay bills, purchase goods, or transfer money to their friends, but also rewards them for each penny they spend.
“With SumUp Pay, we hope to create a mutually beneficial ecosystem between local businesses and consumers, by incentivising millions of people to shop locally and providing our merchants with yet another tool to support and help them grow their business.”
Copyright © 2022 FinTech Global