European cooperation for cashless payment

Mastercard and mobile Point of Sale (mPOS) solutions company SumUp intend to increase the number of points where bank card payment is possible in Europe in the next 5 years. Ferenc Szász, business development director of Mastercard has revealed that there is a bank card payment terminal for only every second registered till in Hungary.

SumUp card readers and the related accounting service can be ordered easily online in just a few minutes. Currently the company offer two types of systems: Bluetooth technology SumUp Air and a SIM card based stand alone terminal called SumUp 3G. There is no monthly subscription fee, retailers only have to pay a certain commission for the value of each transaction. //