Klipy UK Welcome Bonus

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").

The Klipy welcome bonus is a cash reimbursement paid directly to you by Klipy UK Limited after your account has been active for a minimum of one full calendar month and your monthly card turnover (based on Teya's monthly card-turnover assessment) reaches GBP 5,000 or above. The bonus is not a discount on your Teya terminal or processing fees.

Standard tier (GBP 5,000 to GBP 14,999 average monthly turnover): up to GBP 50 excluding VAT, paid as either three months of terminal rental reimbursement, 30% toward a PayOnce terminal purchase, or a GBP 50 thank-you payment -- whichever is applicable to your terminal arrangement.

Enhanced tier (GBP 15,000 average monthly turnover and above): up to GBP 100 excluding VAT, paid as either six months of terminal rental reimbursement or 50% toward a PayOnce terminal purchase.

Payment is made by Klipy following receipt of the corresponding Teya commission payment. If your contract ends and Teya applies a commission clawback before payment is made, the bonus entitlement lapses.

Band: GBP 5,000 to GBP 14,999 average monthly turnover.

Cap: up to GBP 50 excluding VAT.

Available shapes (one per merchant, whichever applies to your terminal arrangement):

• Three months of terminal rental reimbursement
• 30% toward a PayOnce terminal purchase
• GBP 50 thank-you payment

Band: GBP 15,000 average monthly turnover and above.

Cap: up to GBP 100 excluding VAT.

Available shapes (one per merchant, whichever applies to your terminal arrangement):

• Six months of terminal rental reimbursement
• 50% toward a PayOnce terminal purchase

The welcome bonus is available to merchants with monthly card turnover of GBP 5,000 or above. Based on the information available, this threshold has not yet been reached. Teya standard terminal and processing terms apply in full.

This offer is available until further notice. Klipy may amend or withdraw this offer at any time.

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

A note on Teya's Minimum Volume Fee. Teya charges a Minimum Volume Fee of £29.99 per month (excluding VAT) to merchants who process less than £2,500 in card transactions in a calendar month. This fee was introduced by Teya from 3 March 2026 and applies to new merchant accounts opened on or after that date. It is Teya's fee, set and administered by Teya under your agreement with them. Klipy UK does not set, collect, or benefit from this fee.

• Only one Welcome Bonus may be claimed per business entity (identified by company number for limited companies, or by the sole trader's name and date of birth for unincorporated businesses).
• Within the qualifying tier, only one bonus shape applies per merchant, determined by your terminal arrangement.
• 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 qualifying period 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.

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.

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.

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