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TeslaPay

TeslaPay (UAB TeslaPay) is a Lithuanian electronic money institution offering personal and business current accounts with IBAN and bank cards, plus internal, SEPA and SWIFT transfers. Business clients can create invoices in their account and, through a partnership with SumUp, get POS terminals to accept debit and credit cards with no monthly fee or minimum turnover.

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Fees from

POS terminal: No monthly fee, only pay 2.75% per transaction; Favourable cost of the POS-terminal (from 39.00 EUR + VAT). Business account: Fixed fee of 0.50 EUR for SEPA transfers.

Settlement

Payment of funds to the merchant’s bank account on the next business day.

Coverage

1 country

Payment methods

—

Dev tools

Sandbox Webhooks

Fees shown are indicative, not a binding quote — always verify with TeslaPay before signing. Visit Website is an external link; we may earn a commission.

TeslaPay overview

Best for

Freelancers and small to large businesses that need a EUR IBAN business account with low-cost SEPA transfers and, optionally, a card-acceptance POS terminal.

TeslaPay pricing & fees

Pricing structure

Pricing

POS terminal: No monthly fee, only pay 2.75% per transaction; Favourable cost of the POS-terminal (from 39.00 EUR + VAT). Business account: Fixed fee of 0.50 EUR for SEPA transfers.

Your business must be registered in: Not disclosed

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TeslaPay settlement & payouts

Payouts

Settlement time

Payment of funds to the merchant’s bank account on the next business day.

Settlement currencies

Not collected yet

TeslaPay API & integration

API Profile

Sandbox

Not listed

Webhooks

Not listed

TeslaPay coverage & payment methods

Supported countries

1 country

TeslaPay licensing & compliance

Legal & Compliance

Licensed entity · regulatorily responsible

UAB TeslaPay

Lithuania

Licenses

E-Money Institution LT

Authorised Electronic Money Institution (LT)

Bank of Lithuania

License numbers & register records

1 license number · 1 register record on file for TeslaPay, with status history and links to verify each one at the regulator — free with a PaymentProviders account.

Using ChatGPT or Claude? Ask it to prepare your application to TeslaPay. It can fill in your business profile for you, and you review and sign it here — nothing is sent before that. How assistants do it

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