POSnavigator — payment provider comparison

POS and online payment solutions comparison.

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SumUp and SimplePay approach card acceptance from fundamentally different angles. SumUp is a fully self-service, bank-independent fintech: merchants buy their own terminal, there is no long-term contract commitment and pricing is per-transaction, making it predictable.

SimplePay is OTP Mobile's product, best known as an online payment gateway, but it also offers physical POS acceptance through its OTP connection. From a small retail perspective this means SimplePay brings a strong OTP ecosystem and banking background, but onboarding processes and conditions differ from fully bank-independent fintechs. The blocks below compare them across specific small retail turnover levels.

Provider overview

What do the two payment providers offer at a glance?

OTP Mobil's online payment system, SimplePay, serves nearly 8,000 webshops. With its use, quick payment solutions with in-app, QR code and push messages are also possible, which make shopping easier and enhance the user experience.

More than 3 million users have already confirmed their Simple account, so more and more people are open to the convenient, saved card payment option, who can pay in webshops using SimplePay without having to enter their card details again and again.

Instead of the online connection process, you would rather sign up at an OTP bank branch to use the POS terminals, you have the option to do so as well. In this case, you will enter into a contract with OTP Bank Nyrt. regarding the service.

Requires manual follow-up4 published products

Comparison block

Established small retail, mid-level turnover

For a fixed shop with regular card acceptance needs where total cost and settlement speed both matter. At this level it is worth comparing the advantages of an OTP-backed solution against the flexibility of a fully independent fintech.

Convenience store with a bank-independent terminal

With a monthly payment turnover of 1.5 million HUF and a basket value of 8,000 HUF, for a typical Hungarian convenience store

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Comparison block

Growing small retail, stronger card turnover

At higher retail turnover levels, differences in fee logic between the two solutions have a more noticeable impact on monthly operating costs. Integration depth, service availability and long-term contract conditions also play a more important role in this scenario.

For small shops

Small shop

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