Skip to main content Skip to accessibility page Skip to search input

Payment solutions

Payment solutions

Still unsure?

The Detail

Applications for payment solutions are subject to approval. Terms and Conditions, other fees and charges apply. Full details are available on request.

1. Settlement must occur to a Bank of Melbourne transaction account. Bank of Melbourne same day settlement is not available between 9:30pm and 11:59pm (Sydney time) for all EFTPOS 1 terminals and is not available between 9:30pm and 11:00pm (Sydney time) for all other terminal types. Bank of Melbourne same day settlement excludes UnionPay transactions. You can only settle a Bank of Melbourne issued EFTPOS terminal once within a 24 hour period. Settlement can take place 7 days a week. 365 days a year - subject to system availability. Settlement must be to a Bank of Melbourne business transaction account.

2. Changes to Simple Pricing Plans are effective from the following month. Cancellation fee applies when closing the facility.

^ To be eligible for the Simple Pricing Plan you must hold and settle into a Bank of Melbourne business transaction account in the same name as the Merchant Facility. Not available for use outside of the indirect tax zone. One terminal per Simple Pricing Plan, per Merchant and available for EFTPOS 1 products only.

* See the PC EFTPOS accreditation list for compatible POS systems.

Different pricing structures apply to VISA and Mastercard debit card, eftpos and UnionPay transactions.

Mastercard is a registered trademark of Mastercard International Incorporated.

Visa® is a registered trademark of Visa International Pte Ltd.

American Express® is a registered trademark of the American Express Company.