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What is Teya?

Teya is an all-encompassing solution for payment processing and business management tailored for small to medium-sized businesses, especially those operating in physical spaces, offering services to local vendors and providers. It features advanced card payment methods, which include terminals functioning on Android and options for contactless transactions, while also providing vital tools for settlement management, accounting, business banking, and sales monitoring. Merchants can utilize Teya’s mobile and web platforms to transform their smartphones into card processors, enabling them to accept contactless payments while also managing transactions, accessing real-time analytics, and swiftly retrieving settlement reports and cash flow data. Furthermore, Teya empowers merchants to create a “Teya Business Account,” which offers up to three physical debit cards, various virtual cards, free bank transfers, direct debit capabilities, and a 0.5% cashback on card purchases, thus effectively merging payment processing with financial oversight in a single, cohesive platform. This integrated system not only streamlines payment operations but also equips business owners with the tools necessary to monitor and enhance their financial well-being more effectively. Ultimately, Teya serves as a vital partner in driving the success of small to medium enterprises.

What is Sionic?

Sionic is at the forefront of implementing real-time payment solutions in the U.S. commerce landscape. Our innovative platform enables instant digital cash transactions directly between banks, allowing consumers to make payments to merchants across numerous channels, such as mobile apps, online platforms, physical stores, and even within vehicles. Merchants reap the benefits of receiving immediate cash deposits in their accounts while sidestepping the hefty credit card processing fees that have historically burdened businesses of all sizes. These fees have created a significant financial strain, accumulating to over $110 billion annually in the U.S. as of 2020. Simultaneously, consumers face escalating late fees and an overwhelming $15.2 trillion in debt, compounded by ineffective reward programs that perpetuate financial disparities. The launch of immediate digital bank payments presents a transformative opportunity to equitably redistribute value to both merchants and consumers, who are the backbone of the U.S. economy. To further enrich this payment experience, we offer three intuitive mobile tools designed to make bank transactions quick, secure, and convenient for users. Moreover, our system allows for easy integration with a customizable microsite through QR codes or URLs, streamlining the payment process even further. Ultimately, our goal is to create a more efficient and equitable payment ecosystem that benefits everyone involved.

Media

Media

Integrations Supported

Banno
Connected Risk
Cybersource
EmpoweredESG
EmpoweredNEXT
Google Assistant
Google Cloud Platform
Google Cloud Search
Google Maps
Google Pay
NMI Payments
Passport POS
Shift4

Integrations Supported

Banno
Connected Risk
Cybersource
EmpoweredESG
EmpoweredNEXT
Google Assistant
Google Cloud Platform
Google Cloud Search
Google Maps
Google Pay
NMI Payments
Passport POS
Shift4

API Availability

Has API

API Availability

Has API

Pricing Information

$51.97 per month
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Teya

Date Founded

2019

Company Location

United Kingdom

Company Website

www.teya.com

Company Facts

Organization Name

Sionic

Company Location

United States

Company Website

sionic.io

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

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