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SumUp vs Xace: what each publishes

As of October 26, 2026, Xace takes these industries by its own published rules: AI and SaaS; iGaming, with conditions. We hold no such rule from SumUp.

SumUpFCA / Central Bank of IrelandXaceFCA / DNB / MFSA

Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.

Where it takes companies from

SumUp

Its own list of countries, quoted below with its source and date

Xace

  • United Kingdom
  • EU / EEA (western & northern, plus Spain, Italy, Portugal)
  • EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
  • Switzerland / Liechtenstein

The regions its own documents name, read on October 21, 2026

Policy by industry

SumUp and Xace: published policy by industry
IndustrySumUpXace
AI and SaaSNo published ruleYes
iGamingNoWith conditions
CryptoDepends on the activityNo published rule
AdultNoNo published rule
Unlicensed financial servicesNoNo published rule
Forex and CFDNoNo published rule
MarketplaceNo published ruleNo published rule

Where owners must live

SumUp

No published rule

Xace

No published rule

Rules about countries

SumUp

You can register with SumUp to accept card payments if you operate in one of the following European countries or territories.

SumUp · Takes companies registered in · · Source
All countries named (42)

Åland Islands, Austria, Belgium, Bulgaria, Cyprus, Czechia, Denmark, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Ireland, Isle of Man, Italy, Jersey, Latvia, Lithuania, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Norway, Poland, Portugal, Réunion, Romania, Slovakia, Slovenia, Spain, St Barthélemy, St Martin, St Pierre & Miquelon, Sweden, Switzerland, United Kingdom

Xace

No published rule

Fees

SumUp

SumUp: published fees
PlanAccount openingMonthlyChecked
Business Account (UK, SumUp Payments Limited)Not statedGBP 0 ('£0/month') · Source
Business Account Plus (UK, SumUp Payments Limited)Not statedGBP 15 ('£15/month') · Source
SumUp Business Account (EU, SumUp Limited, Ireland page)Free to open (the Ireland page includes a 'Free business account and IBAN')EUR 0 ('No monthly fee'; 'Monthly cost' shown as € 0) · Source

Xace

Xace: published fees
PlanAccount openingMonthlyChecked
Gaming Payment AccountPrice on application ('£POA joining fee')GBP 250 a month per account · Source
Business Payment AccountPrice on application ('£POA joining fee')GBP 250 a month per account · Source

Closing an account

SumUp

We reserve the right to terminate the Payment Terms either on two months’ notice or, subject to applicable law, immediately if:

Notice before closing · · Source

Account closed or frozen? What SumUp’s terms say

Xace

11.2 We may close a Payment Account by notifying You by e-mail or through the Portal on at least three months' notice or immediately if We suspect that there has been a breach of these Terms and Conditions.

Notice before closing · · Source

Account closed or frozen? What Xace’s terms say

Licence

LicenseeSumUpXace
LicenseeSumUp Payments Limited · electronic money institution authorised by the FCA (FRN 900700) · SumUp Limited · electronic money institution authorised by the Central Bank of Ireland (C195030)Xace Limited · authorised payment institution, FCA (FRN 948213), and EMD agent of Modulr FS Limited (agent reference 902828) · accounts and cards provided by Modulr FS Limited · electronic money institution authorised by the FCA (FRN 900573), or by Modulr Finance B.V. · electronic money institution authorised by De Nederlandsche Bank (R182870) · Xace Malta Ltd · payment institution licensed by the Malta Financial Services Authority (C 102626)
RegulatorFCA / Central Bank of Ireland · FCA / DNB / MFSA ·