Get your Monthly Terminal Rental Fee waived for the first 12 months when you take out either a new EFTPOS 1 merchant facility on a 24 month contract. We'll also waive the establishment fee, saving you a further $77 (based on the current value).
EFTPOS 1 Terminal Offer
Get your Monthly Terminal Rental Fee waived for the first 12 months when you take out a new EFTPOS 1 (currently valued at $24.75 per month x 12 months = $297 in savings) merchant facility on a 24 month contract. We'll also waive the establishment fee, saving you a further $77 (based on the current value).
- Fast, contactless payment processing
- Same day settlement to a Bank of Melbourne settlement account
- Light-weight, portable and fully featured
- 3G provides wireless portability
- Added assurance with the latest industry-leading fraud protection.
What you get
Connected cradle provides power while 3G provides high speed wireless portability.
Backup connectivity options so you can process transactions even if your primary connection isn’t available.
Spend less time chasing payments and more time growing your business with a contactless EFTPOS machine that’s compatible with most cards.
Accept purchases, offer cash out and issue refunds with immediate approval/decline response for Mastercard®, Visa, UnionPay and American Express®.
Are you eligible?
Applications for merchant services are subject to approval.
How to apply?
Take out an EFTPOS 1 or EFTPOS 1i Merchant Facility between 3 July to 18 August 2017 and have the Terminal Rental Fee waived for the first 12 months. Other fees and charges, terms and conditions apply to EFTPOS 1 and EFTPOS 1i Merchant facilities. The standard Monthly Terminal Rental Fee applies after this time, EFTPOS 1 is currently $24.75 and EFTPOS 1i is currently $27.50.
Applications for payment solutions are subject to approval. Terms and Conditions, other fees and charges apply. Full details are available on request.
Different pricing structures apply to VISA and Mastercard debit card, eftpos and UnionPay transactions.
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.
This offer is only available for new Bank of Melbourne merchant customers that we classify as small/medium businesses (based on our internal criteria) establishing Bank of Melbourne payment solutions facilities with a minimum term of 24 months. Offer applies to EFTPOS 1 and EFTPOS 1i terminals only. This offer is not available for additional terminals, additional outlets, change of product or applications under group deal pricing.
Mastercard is a registered trademark of Mastercard International Incorporated.
American Express® is a registered trademark of the American Express Company.
Terms and Conditions, fees and charges apply. These may change or we may introduce new ones in the future. Full details are available on request. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.