Starting at $24.75 a month for an EFTPOS Now terminal.
1.2% flat rate on all eftpos, Mastercard, Visa and UnionPay transactions⁵.
Applications for payment solutions are subject to approval. Terms and Conditions, other fees and charges apply. Full details are available on request.
1. Bank of Melbourne same day settlement is not available between 9:30pm and 11:59pm (EFTPOS 1 terminals) and between 9:30pm and 11:00pm (EFTPOS Now and EFTPOS Connect terminals) - Sydney time. You can only perform a settlement once a day, before 9:30pm (Sydney time). A settlement done after 11:00pm for EFTPOS Now and EFTPOS Connect terminals and after 11:59pm for EFTPOS 1 terminals, will be processed as a settlement for the next day. Subject to system availability, settlement can take place 7 days a week. Settlement must be to an eligible Bank of Melbourne business transaction account. Same day settlement is only available for Mastercard, Visa and eftpos transactions (plus UnionPay if using EFTPOS Connect).
2. Subject to system availability.
3. The point of sale systems are supplied by POS Providers, not Bank of Melbourne. Bank of Melbourne does not guarantee or endorse those products and any related services.
4. This functionality is point of sale (POS) dependent.
5. Our 1.2% flat transaction rate does not apply to American Express, Diners Club and JCB cards.
Mastercard is a registered trademark of Mastercard International Incorporated.
UnionPay is a registered trademark of China Union Pay Co., Ltd.