Outgrew SumUp? Teya's bespoke pricing scales with your business. Lower rates, unlimited cashback, and UK support that knows your name.
| Feature | Teya | SumUp |
|---|---|---|
| Card Rate | 0.50% – 1.59% Bespoke, scales with volume | 1.39% – 1.69% Flat rate, no negotiation |
| Settlement | 365-day next-day Incl. weekends & bank holidays | Next business day Mon–Fri only |
| Pricing Flexibility | Customised per business Volume, industry, mix considered | One-size-fits-all Same rate for all SMEs |
| Contract | Flexible / rolling | No contract But rates cannot be negotiated |
| Support | 24/7 UK human Real people, dedicated account managers | Email / limited phone Often slow responses |
| Cashback | 0.5% unlimited Paid monthly into business account | None |
| Hidden Fees | None | None But no volume flexibility |
The Problem with SumUp: As your business grows, you outgrow SumUp's flat rate. Teya's tiered pricing means you pay less as you scale, not the same regardless of volume.
SumUp charges the same flat 1.39%–1.69% forever. Teya's tiered pricing means you pay 0.50%–1.0% as you grow. The bigger your business, the bigger your savings.
SumUp settles Mon–Fri only. Teya settles every single day, including weekends and bank holidays. Better cash flow for growing businesses.
SumUp offers zero cashback. Teya pays 0.5% on all business account transactions. At £300k TPV, that is £1,500 extra per year.
SumUp's support is email and limited phone. Teya's UK team is available 24/7 with account managers who know your business.
Teya's starting rate (vs 1.39% for SumUp)
Customised pricing based on your business needs and volume.
Days of next-day settlement (vs 252 for SumUp)
Daily payouts including weekends and holidays.
Unlimited cashback (vs 0% for SumUp)
Extra money back every month with no limits.
What happens when you process £500k annually:
SumUp Yearly Cost
£8,450
1.69% flat rate forever
Teya Yearly Cost
£4,750
0.95% tiered + £2,500 cashback
Yearly Savings
£3,700
See your exact savings in 2 minutes. Most businesses save 0.3% – 0.8% on processing fees when they switch.
Calculate Your Savings*0.50% rate is available for businesses with a monthly card turnover (TPV) of 200,000 and above. Actual rates vary depending on business type, card mix, average transaction value, and contract terms.