Tuza
Tuza provides instant price comparison for card machines in the UK, helping businesses save an average of 20% on rates and offering a wide range of devices with exclusive rates and independent advice.
Services
Tuza provides an instant price comparison for card machines, allowing businesses to find rates starting from 0.3%. The company manages the easy transitions from existing providers for businesses already established in the marketplace. Tuza offers instant quotes from dozens of providers, helping businesses save an average of 20% on card machine rates. The platform supports businesses in navigating hidden fees, opaque pricing, and complex terminology within the card payments industry. The company works with leading banks to board merchants to the right provider swiftly and helps PSPs and acquiring banks dynamically price risk and board merchants efficiently.
Products
Tuza features a wide range of card machines available in the UK, inclusive of exclusive rates and independent advice. Among the devices offered are the DX8000 from Worldpay, which integrates the functionalities of an Android tablet and a payment terminal, and the Tetra Desk 5000 from Elavon, known for its speed and large touchscreen. The company also provides the Square Terminal from Square, designed for managing items, processing payments, and printing receipts. Additionally, Tuza offers Talech Mobile from Elavon, a customizable app-based software available for iOS and Android smartphones.
History
Tuza was launched in September 2023. Its initial funding phase saw them raise £1.5 million in pre-seed funding, led by Northzone with participation from Notion Capital, Tiny VC, and Triple Point. Since its inception, Tuza has facilitated the introduction of over £150 million each month to better providers. The company is registered as a trademark and trading name of Statement Technologies Limited.
Certifications and Standards
Tuza is certified to the ISO 27001:2013 standard for its Information Security Management System, underscoring its commitment to maintaining high standards of information security. Additionally, the company is a supporter of the Plain English Campaign, advocating for clear and straightforward communication in business documents and publications.