Payment solutions supporting today’s independent makers
13 December 2023
How fintech company SumUp is helping UK craftspeople grow their businesses
13 December 2023
Independent craftspeople of today will know that, in order to thrive in industry, it’s essential to have a bit of money know-how – but crunching numbers may not come naturally to makers who are more used to spending time in-studio. This is where fin-tech company SumUp steps in, offering everything from easy invoicing methods to payment solutions. Read on to see all the ways in which it can help those at any stage in their making careers get a handle on their finances.
Take payments with ease
With SumUp’s portable card readers and the app’s ‘Tap to Pay on iPhone’ function, makers can easily accept payments for their work and services.
SumUp also gives you the option of sending payment links, meaning your customers can pay you securely via text, email or your favourite messaging platform – without the need to be physically present.
A fully integrated business account
The SumUp Business Account helps UK makers control their finances and send and receive an unlimited amount of free GBP bank transfers. After setting up an account, you are given a free Mastercard that can be used at home and abroad for day-to-day business such as materials, tools and more – plus, downloadable statements in PDF and CSV format can help you keep a record of your spending. There'll be no need for you to be tied to your computers either. With the SumUp app, you can receive notifications about account activity, set your PIN, and freeze your card all from your phone.
Easy invoicing
SumUp's straightforward invoicing system automatically highlights any mistakes or missing details, so wasting hours working out complex calculations or re-drafting templates can become a thing of the past. The invoices can also be stylised to suit your personal branding, with logos and business details carried over to each form that’s created.
You can send invoices and quotes to customers via the SumUp app, which also provides real-time updates, notifying you when an invoice has been viewed, paid, or is overdue. Your customers can then pay via the app, which is quicker and easier than setting up bank-to-bank transfers.
Seamless online store
Even if makers have no previous coding experience, they'll be able to quickly set up an online store (with no subscription costs) using SumUp’s easily editable e-comm platform.
It allows you to manage basic elements like item categories and shipping options, and get operational insights such as out-of-stock alerts, real-time reports and order status updates.
Point-of-sales (POS) software with built-in performance monitoring
SumUp offers three different options for point-of-sale: POS Lite, an out-of-the-box POS with essential features that allow for simple payment acceptance; POS Pro, which is an all-in-one POS solution with advanced features that allow you to manage your business; and finally POS Enterprise, a scalable POS solution for larger businesses that allows the management of multiple checkouts and locations.
Each system is designed to be simple to use and intuitive so that makers and their assisting staff can be trained-up in no time. Other SumUp products such as tablets, printers, cash drawers and card readers can also be seamlessly integrated with your chosen POS, creating a more cohesive experience.