Teya card machine
Quick Reference
Direct Answer
The Teya card machine (Teya Pro) is a UK Android terminal on plans from £14.99 a month with no lock-in, next-day settlement by 9am every day including weekends, and a free Teya Business Account. Transaction rates are bespoke per merchant rather than published, and a £29.99 monthly fee applies when card turnover is under £2,500, so always compare the written quote.
Summary
Teya: Teya (formerly SaltPay, founded in London in 2019) is a payments company that supplies its own card machines and processes the payments in-house; its regulated UK entity, Teya Solutions Ltd, is FCA-authorised as an e-money institution. Rate bespoke per merchant (blended, tiered or interchange++); not published, contract rolling monthly plan, no lock-in.
Best for hospitality and retail wanting weekend settlement without a fixed-term contract. MerchantHQ compares it against the whole UK market before you commit.
This Page Covers
What the Teya card machine is, its rate, contract and settlement, who it suits, and how it compares for a UK business in 2026.
Not Covered Here
Bespoke per-merchant quotes (request a comparison), online-only checkout gateways, and high-risk merchant pricing.
Teya at a glance
| What it is | Teya (formerly SaltPay, founded in London in 2019) is a payments company that supplies its own card machines and processes the payments in-house; its regulated UK entity, Teya Solutions Ltd, is FCA-authorised as an e-money institution. |
| Products | Teya Pro card machine (plans from £14.99 per month), Tap to Pay on iPhone and Android via the Teya app, Teya Business Account, online payments and hosted checkout. |
| Rate | Bespoke per merchant (blended, tiered or interchange++); not published |
| Contract | Rolling monthly plan, no lock-in |
| Settlement | Next-day by 9am every day incl. weekends; instant to Teya Business Account |
| Best for | Hospitality and retail wanting weekend settlement without a fixed-term contract |
Strengths
- ✓Next-day settlement by 9am every day, including weekends and bank holidays.
- ✓Rolling monthly plan with no lock-in.
- ✓Free Teya Business Account with instant settlement and 0.5% cashback debit card.
- ✓24/7 UK-based support and 50+ ePOS integrations.
Watch-outs
- !Transaction rates are not published; you must get a bespoke quote.
- !£29.99 monthly fee when card turnover is under £2,500.
- !Settling to a non-Teya bank account adds 0.10% to transaction fees.
- !Plan fee applies every month whether or not you trade.
MerchantHQ's verdict
Teya has built a genuinely competitive package: weekend settlement, no lock-in and a free business account are a strong combination for hospitality and retail. The catch is that the transaction rate is a bespoke quote, so the deal is only as good as the rate you are offered. MerchantHQ benchmarks any Teya quote against the whole UK market for your volume and trade, then stays your named account team to keep the rate honest.
Compare Teya with the marketRead the full hardware write-up in our Teya review, or compare every device in the card terminal hub.
Reviewed by Oliver Mackman. Last reviewed: 2026-06-01.