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regional Reykjavik, Iceland

Borgun

An Icelandic payment processor now operating as Teya Iceland hf (formerly Borgun hf), part of the Teya (formerly SaltPay) group. Offers card payment solutions, POS terminals, and e-commerce payment gateways across Europe. Acquired by SaltPay in 2020 and rebranded to Teya.

Fees from
1.4-2%
Settlement
2–3 business days
Coverage
6 countries
Payment methods
8
Dev tools
Sandbox Webhooks

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Borgun overview

Best for

Icelandic merchants

Key features

Enterprise

Borgun pricing & fees

Pricing structure

Pricing
1.4-2%
Your business must be registered in
Not disclosed
Headquarters
Reykjavik, Iceland
Founded
1904

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Borgun settlement & payouts

Payouts

Settlement time
2–3 business days
Settlement currencies
Not collected yet

Borgun API & integration

API Profile

Sandbox
Available
Webhooks
Supported

Platforms

MobileOnlinePos

Official SDKs

JAVASCRIPTREST-API

Borgun coverage & payment methods

Regions

Europe

Supported countries

6 countries
ATDEEUGBIEIS

Payment methods

AmexApple PayContactlessDinersGoogle PayJcbMastercardVisa

Borgun licensing & compliance

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1 legal entity · regulated in 1 jurisdiction

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