Teya Pricing Plans Explained

Teya's pricing has evolved significantly over the last two years. Understanding which pricing tier applies to your business, and how the monthly volume fee works, can save you a meaningful amount each month.

The Core Rate: 1.59%

For most UK merchants on standard Teya pricing, the card processing rate is 1.59% on all card transactions. This is a blended rate covering consumer debit, consumer credit, commercial cards, Visa, and Mastercard. A single rate applies regardless of card type.

American Express is priced separately: 1.90% for card-present (face-to-face) transactions, and 2.10% for card-not-present (MOTO and online).

Monthly Volume Fee

Teya applies a monthly volume fee for merchants whose monthly card processing falls below a threshold.

Based on Teya's published pricing, this fee is £29.99 per month for any month in which your card processing total falls below £2,500.

If your monthly card processing is above £2,500, no monthly fee applies. This reflects that the 1.59% rate on volumes above £2,500 generates sufficient processing revenue to cover Teya's costs.

Practical examples:

• Month with £1,800 in card processing: the 1.59% rate generates approximately £28.62. Since this is below the threshold, a £29.99 monthly volume fee applies.
• Month with £3,500 in card processing: the 1.59% rate generates approximately £55.65. No monthly fee applies.

Note: Seasonal merchants (businesses that trade significantly for parts of the year and reduce or pause operation at other times) may be eligible for different treatment on the monthly volume fee. Speak to your account manager if your business is seasonal.

Non-Teya Bank Account Surcharge

Teya offers a Teya Business Account (a separate banking product with 0.5% cashback on card spending, and 1% promotional cashback from 1 May to 31 July 2026). If you use a non-Teya bank account for your settlement, a 0.10% surcharge applies to your processing rate.

In other words:

• With Teya Business Account for settlement: 1.59% rate
• With any other UK bank account for settlement: 1.69% rate

For many businesses, the combination of the Teya Business Account cashback and the elimination of the 0.10% surcharge makes the Teya account worth considering.

Custom Rates for Larger Businesses

If your monthly card processing consistently exceeds £7,500, you may be eligible for a custom rate negotiated directly with Teya or through your account manager. Custom rates are available based on your monthly volume, average transaction value, and card mix.

Channel Pricing: ISC and Reseller Plans

Teya distributes its products through a network of Independent Sales Channels (ISCs) and resellers, including Klipy. Pricing available through these channels may differ from Teya's direct published pricing. Some channels offer tiered pricing plans with different rate and monthly fee combinations.

If you are comparing a Klipy-sourced quote with Teya's website pricing, the rate and fee structure may differ. Your account manager can explain exactly which plan applies to your quote and what the all-in cost is for your expected monthly volume.

Settlement Pricing

Settlement speed options each carry their own pricing:

• Next-day settlement: Included in the standard rate. Your takings from one business day land in your account the following business day.
• Instant settlement: Available at an additional fee per transaction. Contact Teya or your account manager for current pricing. Funds appear within seconds of the transaction.
• Weekday settlement: A less frequent settlement option for very low-volume businesses.

Disclaimer

Pricing details in this article reflect published Teya information as at May 2026. Card processing rates and fees are subject to change. Always verify current pricing with Teya directly at www.teya.com or through your account manager before making decisions.