# Mini Contactless Payment Terminals The SumUp Lite Payment Card Reader Works with Debit and Credit By Michael Hemsworth | Published 2020-09-18 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/sumup-lite-payment-card-reader References: [gadgetsin](https://gadgetsin.com/sumup-lite-payment-card-reader-supports-debit-and-credit-card-payments.htm) & [amzn.to](https://amzn.to/32HFgoi) The SumUp Lite payment card reader is a flexible solution for [small business owners](https://www.trendhunter.com/trends/shopmate-360) that will help to seamlessly make transactions without the need for [larger POS systems](https://www.trendhunter.com/trends/payment-terminal-solutions). The compact device works by being set up via the accompanying smartphone app and will go to work providing users with a way to start making transactions in just five minutes or less. The unit has a built-in battery pack that is rated for up to 300 transactions before needing to be recharged to make it perfect for on the fly payments. The SumUp Lite payment card reader doesn't come with any fixed costs or contracts for merchants to deal with and simply requires them to pay 2.75% of the transaction they make as a fee. ## Trend Insights (Trend Hunter) - Score: 2.7/10 - Popularity: 27% | Activity: 46% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Gadgets](https://www.trendhunter.com/gadgets) ## Key Themes ### Why This Trend Is Growing - **Mini Payment Terminals:** The trend towards mini payment terminals provides opportunities for businesses to offer more flexible and convenient payment options for their customers. - **Contactless Transactions:** The growing demand for contactless transactions is a trend that businesses can take advantage of by offering payment solutions that cater to this preference. - **Mobile POS Systems:** The rise of mobile POS systems like the SumUp Lite presents opportunities for businesses to streamline their payment processes and take transactions on-the-go. ### Industries Being Reshaped - **Retail:** The retail industry can leverage mini payment terminals and contactless transactions to provide customers with a seamless shopping experience. - **Hospitality:** The hospitality industry can benefit from the convenience and flexibility of mobile POS systems like the SumUp Lite to take payments in various on-site locations. - **Food and Beverage:** The food and beverage industry can use mini payment terminals and contactless transactions to speed up transactions and reduce wait times for customers. ## Related on Trend Hunter - [Efficient Payment Processing Terminals](https://www.trendhunter.com/trends/payment-processing-terminal.md) - [All-In-One Tablet Payment Terminals](https://www.trendhunter.com/trends/new-square-stand.md) - [Affordable Payment Acceptance Devices](https://www.trendhunter.com/trends/pine-labs.md) - [Convenient Portable POS Devices](https://www.trendhunter.com/trends/square-handheld.md) - [Small Business Point-of-Sale Terminals](https://www.trendhunter.com/trends/small-business-pointofsale-terminal.md) - [Payment Terminal-Enabled Mobile Devices](https://www.trendhunter.com/trends/mobile-payment-terminal.md) - [Efficient Point-Of-Sale Terminals](https://www.trendhunter.com/trends/pointofsale-terminals.md) - [Cost-Effective POS Systems](https://www.trendhunter.com/trends/sound-pos.md) - [Contactless Payment Accepting Tools](https://www.trendhunter.com/trends/tap-to-pay.md)