SumUp to use Worldpay from FIS to support global expansion and growth

By Joy Dumasia

Today

Digital Payments
FinTech
FIS

FIS has announced that global FinTech SumUp will use Worldpay’s merchant solutions portfolio as the Europe-based FinTech leader continues its international expansion.

London-based SumUp supports over 3.5 million merchants in over 30 markets. The FinTech offers tailor-made digital business solutions to small businesses and entrepreneurs, allowing them to run their business and pay quickly and securely with a range of card readers and multiple remote payment solutions such as invoices, gift cards and payment links.

The financial technology company will utilise Worldpay from FIS’s global scale and advanced acquiring services, including authorisation, clearing and settlement, dispute management and data insights. The partnership will help SumUp expand into new markets while enabling seamless payments experiences.

Jim Johnson, Head of Merchant Solutions, Worldpay from FIS, said: “The adoption of digital payments technology around the world continues to accelerate, and as companies enter new markets, they need local understanding of consumer behaviour to ensure success. We are excited to team with SumUp to help them provide frictionless payments and fuel smarter commerce in the markets they serve.”

Steve Delpy, Global Head of Acquiring, Payment Network and Expansion at SumUp, said: “At SumUp, our vision is a world where the smallest and most unique businesses can be successful in doing what they love. We are focused on providing innovative solutions which enhance the payment experience, and that is why we’ve chosen to align our business with Worldpay solutions. Worldpay’s global footprint and deep expertise in the sector will allow us to continue to provide our valued customers with a secure and convenient payment experience.”

Recently, IBS Intelligence reported that SumUp and PrestaShop, the leading e-commerce platform in Europe and Latin America, announced a partnership that will give hundreds of thousands of merchants on the PrestaShop platform access to SumUp’s extensive product suite of tailor-made business tools thanks to PrestaShop’s SumUp Payment Module.