Skip to main content
Klipy

Klipy UK Welcome Bonus

Promotional Terms and Conditions

KLP-POL-007 | Version 1.0 | Effective: 11 April 2026

Internal

Last reviewed: 17 April 2026

Important Notice

This promotion is operated solely by Klipy UK Limited. It is not endorsed, administered, or guaranteed by Teya or any of its affiliates. Teya is not responsible for this promotion in any way.

1. The Promoter

This promotion ("Welcome Bonus") is operated by Klipy UK Limited, a company registered in England and Wales under company number 15984744, ("Klipy UK", "we", "us").

2. Promotion Period and Quote Validity

This promotion is open from 11 April 2026. Quotes issued under this promotion are valid for 30 days from the date of issue, or until 23:59:59 BST on 30 June 2026, whichever is the sooner.

A quote issued more than 30 days before the promotion end date may therefore expire before the promotion closes. Where your quote has expired, you may request a new quote from Klipy UK at no cost. A new quote, issued before 30 June 2026 and within its own 30-day validity window, will be honoured under the terms in effect at the time of re-issue.

Klipy UK reserves the right to extend this promotion by updating this page. Any extension will be announced by updating the date above; existing valid quotes are honoured under the terms at the time of their issue.

3. Eligibility

To qualify for the Welcome Bonus, you must:

  • Be a UK-based business (sole trader, partnership, or limited company)
  • Be a new customer onboarding with Teya payment services through Klipy UK as your Independent Sales Channel
  • Not be an existing Teya merchant at the time of application
  • Not be switching from another Klipy UK referral or re-onboarding after a previous Teya account closure
  • Successfully complete Teya's Know Your Customer (KYC) verification and begin processing card transactions through your Teya terminal

4. Tier A: Calculator Trial (card-payment statement)

If you complete the Klipy Calculator comparison using a card-payment statement from your current provider, you qualify for the Tier A incentive. Your statement must be uploaded and on file with Klipy UK before your application is submitted to Teya.

Choose one of the following contract formats:

  • Format 1, 12-month rental contract: Klipy UK reimburses 6 months of terminal rental on your first terminal. The reimbursement is paid as two equal instalments: the first at day 90 from your terminal delivery date, and the second at day 180 from the same date, provided your Teya contract remains live. Maximum value: £89.94 ex-VAT (6 x £14.99 for Teya Pro; lower amounts for lower-priced models).
  • Format 2, Flex (monthly rollover, BuyOnce terminal): Klipy UK reimburses 50% of the one-off purchase price of the first terminal in your order. Payment triggered at activation of that terminal (first £500 processed through the device). Maximum value: £69.50 ex-VAT (50% of £139 for Teya Pro; lower amounts for lower-priced models).
  • Applies to: the first terminal only. Multi-terminal orders: the Tier A incentive applies to one device.
  • Payment method: Bank transfer to the business bank account you nominate, within 14 working days of each payment trigger date.
  • Claim process: Automatic. Rizq monitors your account and triggers payment without you needing to submit a claim, provided you have met the 90-day trading test in section 9 (Format 1 only; Format 2 uses the activation trigger above).

5. Tier B: Calculator Trial (business bank statement)

This tier is no longer open to new applicants. No new issuance from 23 May 2026. Existing holders who were issued a Tier B quote before that date are honoured in full under these original terms.

If you do not have a card-payment statement to hand, you may complete the Klipy Calculator comparison using one month of your business bank statements from your UK business bank account. Your bank statement must be uploaded and on file with Klipy UK before your application is submitted to Teya. The rate applied under Tier B uses an estimated card mix assumption and may differ from the rate you would receive under Tier A.

Choose one of the following contract formats:

  • Format 1, 12-month rental contract: Klipy UK reimburses 3 months of terminal rental on your first terminal. Payment at day 90 from your terminal delivery date. Maximum value: £44.97 ex-VAT (3 x £14.99 for Teya Pro; lower amounts for lower-priced models).
  • Format 2, Flex (monthly rollover, BuyOnce terminal): Klipy UK reimburses 25% of the one-off purchase price of the first terminal in your order. Payment triggered at activation of that terminal (first £500 processed through the device). Maximum value: £34.75 ex-VAT (25% of £139 for Teya Pro; lower amounts for lower-priced models).
  • Applies to: the first terminal only.
  • Payment method: Bank transfer to the business bank account you nominate, within 14 working days of each payment trigger date.
  • Claim process: Automatic. Rizq monitors your account and triggers payment without you needing to submit a claim, provided you have met the 90-day trading test in section 9 (Format 1 only; Format 2 uses the activation trigger above).

6. Offer B: ETF Buyout

If you are switching from a provider whose contract includes an early termination fee ("ETF"), and you onboard with Teya through Klipy UK, you are eligible for reimbursement of that ETF.

  • Maximum reimbursement: £150 ex-VAT per business (regardless of the number of terminals or the size of the ETF charged by your previous provider)
  • Evidence required: You must provide Klipy UK with a copy of the ETF invoice or a written confirmation of the ETF amount from your previous provider. Evidence must be on file with Klipy UK before payment can be triggered
  • Payment timing: Day 90 from your terminal delivery date, provided evidence is on file and the 90-day trading test in section 9 is passed
  • Payment method: Bank transfer to the business bank account you nominate, within 14 working days of the payment trigger date
  • Can be combined with: The Referral Reward (Offer D) only. Cannot be combined with the Tier A or Tier B incentive, or Offer C (BuyOnce Reimbursement)

7. Offer C: Multi-Terminal BuyOnce Reimbursement

If you purchase two or more Teya terminals outright (Pay As You Go) through Klipy UK, you are eligible to receive a reimbursement on the purchase price of the most premium terminal in your order.

  • Tier 1 (25% reimbursement): Klipy UK reimburses 25% of the purchase price of the most premium terminal
  • Tier 2 (50% reimbursement): If Tier 1 was not sufficient to proceed, Klipy UK reimburses 50% of the purchase price of the most premium terminal. Only one tier is applied per order
  • Example (Tier 2): Teya Go (£69 ex-VAT) and Teya Pro (£139 ex-VAT) purchased. 50% applies to the Teya Pro (most premium). Klipy UK reimburses £69.50 ex-VAT
  • Payment timing: Triggered at activation of the reimbursed terminal (first £500 processed through that unit). No 90-day trading test is required for Offer C
  • Payment method: Bank transfer to the business bank account you nominate, within 14 working days of activation trigger
  • Cannot be combined with: The Tier A or Tier B incentive, Offer B (ETF Buyout), or Offer D (Referral Reward)

8. Offer D: Referral Reward

If you refer another business to Klipy UK and that business successfully onboards with Teya, both you (the referrer) and the referred business each receive £100.

  • Eligibility for the referred merchant: Must sign a 12-month Teya contract; complete one full calendar month of live card transaction processing; provide Klipy UK with their first full-month Teya invoice within 90 days of terminal receipt; and meet the qualifying card volume thresholds set by Klipy UK at the time of agreement
  • Payment timing: Twelve months after the referred merchant's terminal activation, once all conditions above are confirmed. Klipy UK will contact both parties to confirm bank details at that point. No claim email is required
  • Can be combined with: The Tier A or Tier B incentive, or Offer B (ETF Buyout). Cannot be combined with Offer C (BuyOnce Reimbursement)
  • Referral mechanism: Referral must be registered with Klipy UK at the time of the referred merchant's application. Retrospective referral claims will not be accepted

9. The 90-Day Trading Test

The Tier A and Tier B incentives (Format 1, 12-month rental contract path) and Offer B (ETF Buyout) are subject to a 90-day trading test. The test works as follows:

  • The 90-day window begins on your terminal delivery date (DPD confirmation) or the date Klipy UK logs delivery in the absence of DPD confirmation. For multi-terminal orders, the first delivery date applies
  • To pass, at least one complete calendar month within that 90-day window must show £7,500 or more in card transactions processed through your Teya terminal
  • Rizq checks automatically on day 91. A pass triggers the payment. A fail means no reimbursement is issued under this promotion; you continue on your Teya contract at the agreed rate and there is no penalty
  • The £7,500 monthly threshold is the qualifying volume for the Tier or Offer B incentive only. It does not appear in your Teya pricing or contract terms

Format 2 (Flex, BuyOnce terminal) of both Tier A and Tier B uses an activation trigger (first £500 processed through the device) in place of the 90-day trading test. Offer C (Multi-Terminal BuyOnce Reimbursement) similarly uses the activation trigger. Offer D (Referral Reward) is not subject to this test; see section 8 for its own conditions.

10. General Conditions

  • Only one tier incentive (Tier A or Tier B) may be claimed per business. Within the chosen tier, only one contract format (12-month rental or Flex BuyOnce) applies. Tier incentives may be combined with Offer D (Referral Reward) only. Tier incentives cannot be combined with Offer B (ETF Buyout) or Offer C (Multi-Terminal BuyOnce Reimbursement)
  • Only one claim per business entity (identified by company number for limited companies, or by the sole trader's name and date of birth for unincorporated businesses)
  • The reimbursement is paid by Klipy UK Limited from its own funds. Teya is not involved in the administration or payment of this promotion
  • If your Teya account is closed or suspended within the first 90 days of onboarding for any reason attributable to your conduct, Klipy UK reserves the right to withhold or recover the reimbursement amount
  • All reimbursement amounts are stated exclusive of VAT. VAT will be added where applicable and where Klipy UK is required to charge it
  • This promotion cannot be used in conjunction with any other Klipy UK promotional offer unless explicitly stated in these terms
  • Klipy UK reserves the right to reject a claim if it reasonably believes the claim is fraudulent, duplicated, or does not meet the eligibility criteria
  • Any disputes arising from this promotion will be governed by English law, and the courts of England and Wales will have exclusive jurisdiction

11. Data Protection

To administer this promotion, Klipy UK will collect and store your business name, contact details, Teya invoice and transaction data, and bank details for payment. This data is processed under the UK General Data Protection Regulation (UK GDPR) on the legal basis of contractual necessity. Your data will not be shared with third parties except as required for payment processing. For full details, see our Privacy Policy.

12. Document Retention

Klipy UK Limited retains the identity, address, and business verification documents you provide as part of any related onboarding or claim process for a period of five years from the end of the business relationship, in compliance with our obligations under regulation 40 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. After this period, documents are permanently deleted from our systems. Teya Solutions Ltd, as the regulated payment services provider, retains its own records independently.

13. Contact

For questions about this promotion, contact us at sales@klipy.uk or call 0330 175 5479.

Teya Solutions Ltd. is authorised by the Financial Conduct Authority under the E-Money Regulations 2011 (Reference no. 978181).

Klipy UK Limited. Company No. 15984744.

Back to Home