Teya card machine
Quick Reference
Direct Answer
The Teya card machine (Teya Pro) is a UK Android terminal (£239 + VAT, or £139 + VAT on the launch offer) on a £0 a month membership plan with no lock-in, next-day settlement every day including weekends, and a Teya Business Account. For monthly card turnover up to £7,500, Teya publishes 1.59% on personal (consumer) Visa and Mastercard cards and 1.90% on business, international and Amex cards; above £7,500 a month it quotes a custom rate. A £29.99 fee applies in any month your card turnover is under £2,500 (teya.com/pricing, read 22 October 2026).
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 1.59% personal visa and mastercard cards, 1.90% business, international and amex cards, up to £7,500 a month in card turnover; custom quote above that, contract £0 a month membership plan, no lock-in.
Best for hospitality and retail taking over £2,500 a month on card that want 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 (£239 + VAT, £139 on the launch offer), Tap to Pay on iPhone and Android via the Teya app, Teya Business Account, online payments and hosted checkout. |
| Rate | 1.59% personal Visa and Mastercard cards, 1.90% business, international and Amex cards, up to £7,500 a month in card turnover; custom quote above that |
| Contract | £0 a month membership plan, no lock-in |
| Settlement | Next day into the Teya Business Account, every day including weekends and bank holidays |
| Best for | Hospitality and retail taking over £2,500 a month on card that want weekend settlement without a fixed-term contract |
Sources: Teya pricing (read 22 October 2026)
Strengths
- ✓Next-day settlement every day, including weekends and bank holidays.
- ✓No lock-in.
- ✓Teya Business Account included, with a debit card that pays 0.5% cashback.
- ✓Human support 24/7 and integrations with 200+ ePOS systems (Teya's figure).
Watch-outs
- !£29.99 fee in any month your card turnover is under £2,500, including months you barely trade.
- !Business, international and Amex cards cost 1.90%, not 1.59%.
- !Above £7,500 a month in card turnover the rate is a custom quote.
- !Settling to a non-Teya bank account adds 0.10% to transaction fees.
MerchantHQ's verdict
Weekend settlement and no lock-in are the strong points for hospitality and retail. The published 1.59% is a flat rate on personal cards for businesses taking up to £7,500 a month, and below £2,500 a month the £29.99 fee adds a lot to the cost. Above £7,500 a month the rate is a custom 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, and one enquiry can bring you 2 to 3 tailored quotes to compare it with.
Compare Teya with the marketRead the full hardware write-up in our Teya review, or compare every device in the card terminal hub.
MerchantHQ is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman. Last updated:
An earlier version of this page was reviewed by Derren Powell on 22 October 2026.