SumUp business account 2026: price list and monthly fee
In October 2026, the SumUp business account is free: opening, monthly fee, transfers and the Mastercard business card are €0. The account especially suits those who use a SumUp card reader, but SumUp is an e-money issuer and funds have no deposit guarantee.
SumUp business account prices and terms
| Opening fee | €0.00 (opening €0) |
|---|---|
| Cheapest plan | SumUp business account |
| Monthly price | €0.00 |
| Included in the plan | IBAN account, physical or virtual SumUp Business Mastercard, free transfers and instant transfers, invoicing tool, 3 free cash withdrawals/month in the euro area |
| Price terms | Opening, monthly and annual fee €0 (October 2026). SumUp charges 2% on cash withdrawals above the month's free withdrawals and on those made abroad. Sales from a SumUp card reader are settled to the business account the next day, also at weekends. VAT treatment is not mentioned. |
| Extra card cost / month (on top of the headline price) | €0.00 |
| Extra user / month | not available |
| Cash deposit | Not mentioned |
| Currency conversion markup on card payments | not available |
| More about fees | According to SumUp, sending and receiving money costs nothing. A currency conversion markup on card payments was not found on the Finnish page. |
| Transfers included in the plan | Unlimited |
|---|---|
| Transfer price after the allowance | €0.00 |
| E-invoice sent | not available |
| Monthly fee of the e-invoice service | not available |
| E-invoice received | not available |
| E-invoices (sending and receiving) | not available |
| Type | Payment institution |
|---|---|
| Company forms | not available |
| Deposit guarantee | No deposit guarantee: SumUp Limited is an e-money issuer supervised by the Central Bank of Ireland (licence C195030); funds are held in separate safeguarded accounts. |
| Opening online | Yes |
| Time to open | under 10 minutes |
| A credit check can block opening | not available |
| Accounting integrations | not available |
| Own card terminal | Yes |
| Invoicing tool | Yes |
| Finnish IBAN | not available |
| Customer service in Finnish | not available |
| More about features | Card readers, Tap to Pay and online payments from the same service. The country code of the IBAN was not confirmed. |
| Business credit card | not available |
| Business card annual fee | not available |
| More about the business card | Not confirmed. |
| Information checked | 15 October 2026 |
Reviews: ratings of SumUp
Public ratings from three sources, retrieved . The figures are third-party ratings that Pankkitutka has neither checked nor edited. Review texts are not quoted. Read more: bank ratings and reviews compared.
| Source | Rating | Count | Link |
|---|---|---|---|
| Trustpilot | 4.2 / 5 | 59,623 reviews | sumup.com on Trustpilot |
| App Store: SumUp Business | 3.9 / 5 | 60 ratings | App in the App Store |
| Google Play: SumUp Business | 4.7 / 5 | 144,748 ratings, all countries | App on Google Play |
- The Trustpilot rating is the company's global profile, not specific to Finland.
- The Google Play figures cover all countries, not only Finland. The App Store figures are from the Finnish store.
Based on the data
The pros and cons below are based on Pankkitutka's price data, not on the ratings.
Pros
- Pro: No opening, monthly or transfer fees (October 2026)
- Pro: Card reader sales to the account the next day, also at weekends
- Pro: Opening online in under 10 minutes
Cons
- Con: No deposit guarantee, because SumUp is an e-money issuer
- Con: Accepted company forms, a Finnish IBAN and e-invoicing support are not stated
- Con: Cash withdrawals after the quota 2%
How do you open a SumUp business account?
Opening online by uploading a picture of an ID document; the IBAN is available immediately after confirmation. SumUp does not say on its Finnish pages which company forms are accepted, so companyForms has been left empty.
Guides for business owners
Sources
- SumUp-yritystili: yritystilin avaaminen verkossaretrieved 15 October 2026
Information checked on 15 October 2026. Check the VAT basis and the current terms with the provider.
Frequently asked questions
How much does a SumUp business account cost per month?
The cheapest SumUp plan (SumUp business account) costs €0.00 per month. Opening, monthly and annual fee €0 (October 2026). SumUp charges 2% on cash withdrawals above the month's free withdrawals and on those made abroad. Sales from a SumUp card reader are settled to the business account the next day, also at weekends. VAT treatment is not mentioned.
Can you open a SumUp business account online?
Yes. Opening online by uploading a picture of an ID document; the IBAN is available immediately after confirmation. SumUp does not say on its Finnish pages which company forms are accepted, so companyForms has been left empty.
Does SumUp support e-invoices?
This information is not yet available.