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Payout Timeline

SumUp processes your transactions and then transfers the funds, minus the 2.65% SumUp fee, to your bank account as fast as possible.

If you don’t want to receive daily payouts, you can choose your preferred payout frequency by emailing our support team at

You’re able to change your payout settings at any time, but note that this will impact only the payout frequency of your future sales. Your previous sales will be deposited according to your former payout plan.


Depending on your bank's settlement procedures it may take up to 2-3 business days from the transaction date to the day the funds appear on your bank account. Please also be aware that banks only transfer funds on business days.

Track Payouts

As soon as a payout is processed into your bank account, you will receive an email that contains a full breakdown of all transactions included in the payout.
But you can also easily track any payout you want by yourself through your SumUp Account at as well as your SumUp App.

After a transaction is completed you’ll be able to view it in the Sales tab of your Sumup Account at and in your SumUp App. Each transaction should also include details like the time of the transaction, transaction ID, card information and the amount charged.

Once a payout has been processed into your bank account, you’ll see a green bank symbol with a payout date written behind the transaction time.


The green bank symbol along with the payout date shows you the date of the payout through SumUp. In other words: the day we transferred the funds into your bank account. Depending on your bank it might take 1-2 additional days until you see the funds on your bank statement. Please also be aware that banks only transfer funds on working days.

Payouts on Bank Statement

Payouts will appear on your bank statements as originating from:

'SumUp Payments Limited - PID123-SUMUP'

The PID number appears also on the daily and monthly payout reports that we sent you via email. You can also find the PID number in the Sales tab of the SumUp App and in your SumUp Account at


Payout on Customer's Bank Statement

As a general rule the descriptor should look like this:

‘Sumup *Merchant Business Name’

The ‘merchant business name’ is the business name provided by you, the merchant, during the registration process.


While SumUp sends the descriptor listed above when processing a payment, it is possible that the bank of your customer will shorten the descriptor when they are printing the customer’s card statement. Therefore, the full descriptor may read: ‘Sumup *Merchant Business Name’, however the customer will only see: ‘Sumup *Merch’.

Payout Journey  

  1. In the SumUp App you see that a transaction was successful. Note, that a transaction is only marked as successful if it was authorized by the bank in real-time. So as soon as you see that green tick, your money will start its journey to your bank account.

  2. If you processed a transaction with a credit card, the information of the card is first transmitted to the card scheme (Mastercard, Visa, American Express) and from there on to the bank of your customer. If you processed a transaction with a debit card, the information of the card is transmitted directly to the bank of the customer, which is why these kinds of settlements are faster than transactions with credit cards. In addition, the bank of the cardholder determines the speed of the settlement.

  3. SumUp receives the funds, deducts the transaction fee and immediately transfers the outstanding amount. On the same evening, you will receive an email with the settlement report attached. You can resend the report to yourself anytime you want from your Account on

  4. You receive the funds on your bank account. In the reference on your bank statement, as well as in the settlement reports you will find an individual PID (Payout ID) to organize and allocate your payments. Here’s an example of a Payout ID shown on your settlement reports: Payout_Reports_PID.png


Your customer’s bank and the different card schemes determine the speed of the process described above. That’s why it can happen that transactions, although done on the same day, are paid out to your account on different days.

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