With a Teya Business Account, you can manage your sales and spending in one place!
You can have up to 3 physical cards and up to 10 free virtual cards. Plus, earn a 0.5% cashback on every purchase!
Eligibility
In the UK, you must accept payments with Teya to open a Business Account.
How to apply
- Visit the Teya website or contact our Sales team;
- Provide a valid ID (passport or driving license), proof of address and business registration documents (if applicable).
Our team will review your application within 2 working days and once approved, you will receive a confirmation email.
Already a Teya merchant?
You are eligible for a free Business Account! Reach out to your Sales agent, or contact us by filling out this form.
💡 Note: Once your account is approved, it will automatically become the settlement account for your Teya card machine sales.
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Yes, your money is safe with a Teya Business Account. Teya Solutions Ltd. (no. 978181) is an e-money institution (EMI) authorised and regulated by the Financial Conduct Authority. We’re therefore required to protect and keep our customers’ funds safe.
Teya must comply with the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs), requiring us to have appropriate and well-managed safeguarding arrangements. Money that’s safeguarded by Teya can only be used to complete payments made by the customer.
A Teya Business Account is not a bank account, which means the UK’s Financial Services Compensation Scheme (FSCS) doesn’t apply. To learn more, please visit the terms that govern the use of the Visa Platinum Debit card and Business Account. To understand how we use personal data, please refer to our Privacy Policy.