Welcome to the fumopay business app, a new way to accept instant payments in-person via your mobile device as an alternative to using a payment card reader.
Our mission is to help business owners get paid faster and save money with 0% processing fees.
fumopay is a secure payment platform built on open banking that provides an easy way to take payments directly via your device.
As a business owner, you will benefit from instant settlement of funds and 0% transaction fees compared to card alternatives and can be a replacement or additional to carrying a mobile card reader.
HOW DOES THE BUSINESS APP WORK?
The fumopay business app generates a unique payment QR code for your customer. All you have to do is set your bank account with a payment profile in the app. Once the code is scanned by the customers phone, fumopay creates a secure transaction between the customer’s bank and yours. Funds are transferred directly between the two parties once the customer has authenticated the payment.
WHAT ARE THE APP FEATURES?
Total up products with built in calculator
Generate unique QR code with a value and customer reference
Save popular QR codes to reuse
Provide refunds
View transaction history
Review payment notifications
Share QR via social & email
HOW SECURE ARE THE PAYMENTS
A payment can only be processed once the payer has provided biometric authorisation with their bank.
INSTANT CASHFLOW IMPROVEMENT
As the payments are generated as an instant payment, the funds are immediately sent to your bank account, improving your all-important cashflow.
WHO WOULD BENEFIT FROM THE BUSINESS APP?
Any sole trader, small business owner, sports clubs & societies. Anyone that uses a mobile card reader today and needs to take in-person payments.
REGULATED PAYMENTS:
fumopay Ltd is authorised and regulated in the United Kingdom as an Authorised Payment Institution by the Financial Conduct Authority under Firm Reference Number 925689
We look forward to welcoming you to the fumopay community!