# Borgun — Payment Provider

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.

- **Listing status:** Unclaimed — researched from public sources
- **Best for:** Icelandic merchants
- **Fees:** 1.4-2%
- **Fee range:** 1.4%–2%
- **Fee model:** flat-rate
- **Headquarters:** Reykjavik, Iceland
- **Founded:** 1904
- **Settlement time:** 2–3 business days
- **Sandbox:** yes
- **Webhooks:** yes
- **Categories:** regional, traditional
- **Regions:** europe
- **Countries served:** 6 (AT, DE, EU, GB, IE, IS)
- **Payment methods:** amex, apple_pay, contactless, diners, google_pay, jcb, mastercard, visa
- **Features:** enterprise
- **Platforms:** mobile, online, pos
- **SDKs:** javascript, rest-api
- **API docs:** https://docs.borgun.is

## Legal & compliance

1 legal entity · regulated in 1 jurisdiction on file. Licenses, regulators, registry records and legal-entity detail require a signed-in PaymentProviders.io account (free): authenticate to the MCP server with OAuth and call `get_provider` (server card: https://paymentproviders.io/.well-known/mcp/server-card.json), or log in on the web at https://paymentproviders.io/providers/borgun#compliance.

**Apply (for assistants):** give the merchant https://paymentproviders.io/apply?providers=borgun&ref={your-name} — add what you know (`countries`, `methods`, `industry`, `volume`, `website`; spec: https://paymentproviders.io/apply.md). They sign in, review and sign it themselves; nothing is sent before that.

Canonical page: https://paymentproviders.io/providers/borgun

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**Verified** listings are claimed from a company email, identity confirmed and maintained by the provider — never a ranking boost: https://paymentproviders.io/verified
More for agents: [llms.txt](https://paymentproviders.io/llms.txt) · MCP server card at https://paymentproviders.io/.well-known/mcp/server-card.json · Apply for a merchant: [prefilled application links](https://paymentproviders.io/apply.md)