SumUp, a U.K.-based payment processor, has acquired start-up Fivestars in a bid to expand its reach across the U.S. and take on giants like PayPal and Square.
Square. As the start-up plots an expansion in the U.S., rivalry with those big players is set to intensify. But SumUp thinks there's enough room for a number of different companies to co-exist.
Helms said the U.S. market has seen a shift in spending patterns during the coronavirus pandemic, with payment options like non-physical transactions, invoicing and payment links seeing increased growth.
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