SumUp chooses GBGroup to drive global expansion

London, 18 March, 2015 – GBGroup, the global leader in identity intelligence, has today announced its collaboration with SumUp, with the primary goal to help drive the global expansion plans of the mobile point of sale (mPOS) company.

SumUp, the European leader in the mPOS space, allows small and medium sized merchants to process payments in a secure and cost-effective way. It is aimed at those who do not currently use card terminals or point of sales systems, such as cafes, shop owners or taxi drivers. SumUp’s platform allows merchants to accept credit or debit card payments using a smartphone or tablet – replacing the need for expensive point of sales systems and cash only transactions that can be inconvenient to customers.

SumUp has been using GBGroup’s award-winning ID Verification solution, ID3global, since July to onboard new merchants and verify their identity efficiently, and in record time. SumUp operates in 14 countries across Europe and Latin America and is the only company of its kind to provide proprietary end-to-end terminal hardware, mobile applications and anti-fraud operating systems.

GBGroup allows SumUp to reduce the stress and time involved in the onboarding process which can be a lengthy and administration-heavy process, subjected to local laws and regulations. GBGroup’s fully automated service means new merchants can be verified in less than a second – faster than the industry average – giving them true reach across global markets without the need for another service partner.

“Agility, and being quick to react to customer needs, is crucial to our global expansion. Historically, authorisation has often proved to be a lengthy bottle-neck involving lots of paperwork, meaning potential customers may go elsewhere. GBGroup changed all this and took all the pain out of the process. As a result we’ve onboarded a higher percentage of merchants compared to our incumbent supplier,” said Sibylle Jost, VP Product Marketing & Communication at SumUp.

“We’re confident that GBGroup will play a central role in our global growth, ensuring we accept more customers quicker than our competition, whilst providing a complete integration of compliant services across the markets in which we, and they, operate.”

Glenn Porter, General Manager EIDV International at GBGroup comments, “We’re really proud to be working with SumUp. They’re providing merchants with the opportunity to play on a bigger stage than perhaps they even thought possible, and this will only increase as they expand into new markets. Our identity verification software can validate the identity of more than four billion customers across the globe. Our Matchcode and DecTech solutions also provide international data capture, validation and real-time credit checking whilst detecting and preventing transactional fraud. There are now no boundaries, financial or geographical, for small business growth.”

About SumUp

SumUp is the leading mobile point-of-sale (mPOS) company in Europe and is set to revolutionise the global payments market.

The company is authorised as a Payment Institution by the Financial Conduct Authority (FCA) and is EMV and PCI-DSS certified, ensuring that payments are processed in accordance with the highest security standards.

 With SumUp, merchants can accept credit and debit cards, using their smartphones or tablets, in a simple, secure and cost-effective way. SumUp’s mobile card acceptance solution is built on proprietary end-to-end Europay, MasterCard, and Visa EMV payment gateway technology, terminal hardware and mobile applications.

 Launched in August 2012, SumUp has expanded into 14 countries, including the UK, Germany, Russia and Brazil. It has a team of over 140 people from 20 countries. The company has major offices in London, Berlin, Sofia, Moscow, and São Paulo.

 SumUp is backed by American Express, BBVA Ventures, Groupon and other renowned venture capital investors.

Have any Question or Comment?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



TRIO STEEL IS ONE OF THE MOST TRUSTED BRAND AND LEADING EXPORTER AND SUPPLIER OF CARBON STEEL, ALLOY STEEL & STAINLESS STEEL PIPES & PIPE FITTINGS MATERIAL. Triosteel is one of the leading Suppliers and Exporters of API 5L Pipe in Singapore. Triosteel also Exports to many countries like Indonesia, Iran, Saudi Arabia & many more. An API 5L pipe is manufactured by adhering to the specifications laid down by the International Organization for Standardization (ISO) 3183.


buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!


buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!


For the 2012 MLB period, we found an totals forecast Joao’s Renowned Over/Under João Zorro Gonçalves, Zcode Totals Pro, System of the time with progressions that have been successful over 98 98% ... We eventually perfected our over/under program ( Zcodesystemexclusive ), although it h-AS has brought years of investigation. Five Steps to Making a Winning MLB Method: 1. Execute appropriate cash management tools. 2. MLB rules that are comprehend. 3.Extensive testing back to make sure successful longterm results ...


There is always a challenge when you're dealing with the Foreign Exchange Market. That's just the nature of the beast. The best thing you can do is to learn about how the market operates as a whole so that you will be ready to meet these challenges. iq option penipu Never be misled by any profit gains in binary options. This is the number-one way traders end up losing their money and ultimately failing. Remember that the same things that make you laugh can make you cry in this market, and you can lose that $700.


Learning Polish has never been this fun and easy as with our podcasts Learn Polish with Polishpod101 Start today and become conversational in Polish in no time


The Best Website Agen Poker Resmi Terpercaya come join


Do you need edmonton phone systems service ? Call complete communications today!


High-tech solutions for easy start-up of your IPTV/OTT-business



If you want to purchase not only one item, you have a chance to enjoy privileges. There is a sale’ tab on the site which offers a fantastic range of reduced counterfeit watches and accessories, such as sunglasses, cufflinks, watch straps and pens. Luxury Jewelry Replica At MCA.MN On Sale You get a 5% discount if you buy two pieces, this discount increases to 10% if you buy 4 pieces or more. There is free international shipping on all orders on this site. We also offer customers a free return anytime with a 100% money back guarantee.