Brussels, 15 June 2023 – Today, the European Digital Payments Industry Alliance (EDPIA) is pleased to announce the membership of Teya, a pan-European fintech focused on small businesses. The addition of Teya will further support to EDPIA’s ongoing work in fostering an EU payments agenda based on market diversity and digital innovation.
Bo Nilsson, President of EDPIA, welcomed Teya: “On behalf of EDPIA, I want to warmly welcome Teya as a new member. As we slowly approach EDPIA’s 3rd anniversary, it is great to see the continued growth of the member base, which reflects the added value of EDPIA’s work in developing a vibrant payments industry. We look forward to working closely with Teya and hearing their perceptive and technical considerations, which is very timely given the ongoing legislative negotiations on the instant payments proposal, the revision of the payments services directive (PSD2) and the revision of the EU Interchange Fee Regulation to boost competition in the European payments market.”
The European Digital Payments Industry Alliance (EDPIA) represents the interests of European independent Payment Services Providers. Its purpose is to contribute to EU policy debates that define the business environment for electronic payments, and to strengthen the visibility and understanding of the European payments industry amongst policy makers and society as a whole. EDPIA’s broader objective is to support the EU’s objective to create a Digital Single Market, fuelled by digital payments. It is in favour of a strong, stable and properly enforced European regulatory framework that enables intense competition between transparent and market-based solutions, allowing them to compete for the trust of their European and global clients.
Teya is bringing a one-stop solution to European businesses. Formerly known as SaltPay, Teya combines payment acceptance and business management tools in one ecosystem – including electronic-point-of-sale, merchant account services, a digital loyalty platform, and other software-as- a-service solutions. Teya is headquartered in London, has offices in 15 countries across EMEA, and has 300,000 merchants using its products globally.