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SumUp

SumUp: Depends on the activity: Crypto. Last verified October 17, 2026.

Licensee
SumUp Payments Limited · electronic money institution authorised by the FCA (FRN 900700) · SumUp Limited · electronic money institution authorised by the Central Bank of Ireland (C195030)
Regulator
FCA / Central Bank of Ireland ·

Where it takes companies from

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

Products it publishes

Company cardsSays it offers this

Use your physical or virtual SumUp business card to pay anywhere.

SumUp · Company cards · Offers it · · Source

Your account also comes with a prepaid Mastercard, so you can make payments online and in-store.

SumUp · Company cards · Offers it · · Source
Accepting card paymentsSays it offers this

SumUp’s affordable card readers are the easiest way to start taking payments and growing your business.

SumUp · Accepting card payments · Offers it · · Source

Take card payments on your smartphone. Available on iPhone and Android.

SumUp · Accepting card payments · Offers it · · Source

Every provider that says it offers this

Bulk payoutsSays it offers this

With the Business Account Plus plan, you can make up to 500 transfers at once from your Business Account.

SumUp · Bulk payouts · Offers it · · Source

Every provider that says it offers this

Does not say it offers: International payments and FX, Virtual accounts for your customers, Crypto on- and off-ramp, Safeguarding account, Client money account, Escrow

As its own pages say it, each quote with the date we read it. A product it does not mention is never shown as one it does not offer.

Currencies it holds

Holds EURa balance; account details of its own in this currency

Free business account and IBAN ... Free euro transfers (in) ... Free euro transfers (out)

SumUp · EUR · · SourceThis quote speaks to: a balance; account details

Get your Irish IBAN and Mastercard in a few clicks

SumUp · EUR · · SourceThis quote speaks to: account details
Holds GBPa balance; account details of its own on the local payment system

Once you’ve signed up and verified your identity, your account number and sort code are ready to use straight away

SumUp · GBP · · SourceThis quote speaks to: a balance; account details

You can receive transfers from other GBP accounts. It’s currently not possible to process transfers using CHAPS

SumUp · GBP · · SourceThis quote speaks to: account details

Does not say it holds: CAD, SGD, HKD, AUD

Only currencies its own pages name, each quote with the date we read it. A currency it does not mention is never shown as one it does not hold.

Policy by industry

SumUp: published policy by industry
IndustryStatusChecked
CryptoDepends on the activity
iGamingNo
AdultNo
Unlicensed financial servicesNo
Forex and CFDNo

No published rule (read in full on October 9, 2026): AI and SaaS, Marketplace

Has this rule changed? Tell us

Alternatives to SumUp

Fees

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

Fees of every provider

Closing an account

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

If you are not satisfied with our response - or if you have not received a response for 35 days - you have the right to forward your complaint to the Financial Ombudsman Service (FOS)

Complaints and where to go next · · Source

Account closed or frozen? What SumUp’s terms say

Rules about countries

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

What we read

Rules on owners and directors
Searched, none published