SumUp is designed to let merchants easily accept debit and credit card payments via their smartphone or tablet, enabled via a little card reader that attaches to, say, a coffee shop-owner’s iPad.
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Today’s news comes four months after SumUp scored cash from BBVA to grow into South America, and now takes its presence to twelve countries, with a new office set to open in São Paulo. It’s not the first Square-style company to hit Brazil however – there’s also Pagpop, Rocket Internet’s Payleven, and Iugu to name but a few. SumUp’s card reader will be priced at R$79.