How does Split Payments work?
When you split a payment, we reimburse the payment amount back to the bank account registered to your SumUp profile within 48 hours, allowing you to use the money for other things.
Payments between £100-999 made using your Business Account are eligible for splitting. Split payments can’t be used in conjunction with Cash Advance.
The first repayment instalment will be taken automatically as a deduction from your payouts 30 days after you received the money back. There are no hidden fees, only a fixed 5% fee added to the repayment amount.
If your payouts don’t cover the repayment amount or you want to repay in advance for a fee discount, you can select an alternative repayment method via the Cash Advance tab on your SumUp profile.
Discover how to split payments to break purchases into manageable amounts and free up funds for your business.