SumUp selects Worldpay from FIS to support global expansion
European paytech SumUp has selected Worldpay from FIS to support its global expansion plans.
SumUp will utilise Worldpay’s global acquiring services, which include authorisation, clearing and settlement, dispute management and data insights.
FIS says the partnership will help SumUp expand into new markets while enabling straightforward frictionless payments experiences.
Worldpay head of merchant solutions Jim Johnson says as the adoption of digital payments continues to accelerate globally and as companies enter new markets, “they need local understanding of consumer behaviour to ensure success”.
London-based SumUp supports more than 3.5 million merchants across 30 markets, offering custom digital business toolkits to SMEs and entrepreneurs.
The fintech provides a range of card readers and multiple remote payment solutions such as invoices, gift cards and payment links.
Headquartered in Jacksonville, Florida, FIS claims to process more than $2 trillion worth of transactions annually across more than 100 countries.