Teya

Flexible UK card machine provider with next-day settlement including weekends and no published rate.

In-person rate: Get quote
Online rate: Get quote
Monthly fee: Get quote
Contract: Rolling monthly or annual (ETF £40/mo remaining if annual)

Best for

SMBs wanting weekend settlement and a flexible contract with no published lock-in rate.

Pricing breakdown

All prices in GBPLast verified 19 June 2026

Every fee we track, grouped by where it applies.

In-person payments

In-person terminal and tap-to-pay transactions.

Transaction rate: Get quote
Rate blended or IC++, negotiated. Not published on teya.com/pricing.
Monthly fee: Get quote
£0 above £2,500/mo turnover; £29.99/mo below. +0.10% if non-Teya bank account.
Setup fee: Free
Free account opening confirmed on teya.com.

Online payments

Online checkout and keyed-in card transactions.

Transaction rate: Get quote
Online rate not published. UNVERIFIED.
Monthly fee: Get quote
£0 above £2,500/mo turnover; £29.99/mo below. +0.10% if non-Teya bank account.
Setup fee: Free
Free account opening confirmed on teya.com.

Other fees

Chargeback fee: Contact provider
UNVERIFIED.
AMEX rate: Get quote
Amex accepted per teya.com; rate via quote. UNVERIFIED.
International card surcharge: Contact provider
UNVERIFIED.
Early termination fee: £40/mo remaining (annual)
Confirmed on teya.com. Annual plan only. Rolling monthly: no ETF.
Instant payout fee: Free (to Teya account)
Instant to Teya account; next-day 9am bank transfer — no fee stated.
Refund fee: Contact provider
UNVERIFIED.
PCI compliance fee: Included free
PCI compliance included free per teya.com/pricing.

Contract terms

Contract length: Rolling monthly or annual (ETF £40/mo remaining if annual)
Recurring billing: Contact provider
Direct debit setup included in Business Account per teya.com homepage; full recurring billing support UNVERIFIED.

Accepted payment methods

Cards, wallets, and other methods supported by Teya for UK merchants.

Cards

Visa
Mastercard
AMEX
maestro
discover
Diners Club
visa-electron
vpay

Digital wallets

Apple Pay
Google Pay
Samsung Pay

Other

international-cards

Strengths and trade-offs

Pros

Next-day settlement including weekends
No monthly fee above £2,500/mo turnover
PCI compliance included free
Rolling monthly contract available

Cons

Transaction rate not published, quote required
£29.99/mo fee if turnover falls below £2,500
Hardware purchase price not publicly listed

About Teya

Teya is a European payments company operating in the UK with a focus on SMEs. Its monthly fee is waived for merchants processing above £2,500/month. Settlement arrives by 9am the next day including weekends. Transaction rates are negotiated; no public rate is published. PCI compliance is included free.

Teya was founded in 2019 and is headquartered in London, UK.

How Teya compares

Side-by-side with the closest alternatives by estimated cost.

Assumes £15,000/mo volume, £50 average transaction, 70% in-person and 30% online.

Compare all providers

	Teya	Elavon £186/mo est.	myPOS £202/mo est.	TYL by NatWest £224/mo est.
In-person rate	Get quote	0.99%	1.10% + 7p	1.39% + 5p
Online rate	Get quote	1.5%-1.99% (Opayo, est.)	1.30% + 15p	1.39% + 5p (no CNP extra)
Monthly fee	Get quote	From £15/mo (incl terminal)	£0/mo	No service fee
Terminal cost	—	—	—	—
Contract length	Rolling monthly or annual (ETF £40/mo remaining if annual)	12 months	No contract	12 months
Settlement time	—	—	—	—
Est. monthly cost	—	£186/mo	£202/mo	£224/mo
	Visit Teya	View details	View details	View details