Image of a small business owner reviewing EFTPOS machine costs and fees.

EFTPOS machine costs

Compare the value of our EFTPOS solutions, including physical terminals and our EFTPOS Air mobile app for compatible phones and tablets¹.
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Simple pricing and no lock-in contracts

Flat transaction rate

1.2% for EFTPOS machine transactions.

Or 1.4% for EFTPOS Air transactions using our app on your mobile.2

plus

Monthly terminal fee

Starting at $24.75 a month for an EFTPOS Now. Or $0 for EFTPOS Air as it’s an app on your own phone.

Giving your customers the convenience of paying the way they choose is a great way to help grow your business. Westpac provides fast, reliable, and secure payment solutions so you never miss a sale.

 

Benefits for your business



No setup fees

Get up and running for nothing, with professional installation or our DIY kit for terminals, or a simple app download for EFTPOS Air once approved.
 



No lock-in contract

Enjoy all the benefits of our EFTPOS machines and EFTPOS Air app, with no lengthy contracts or minimum turnover commitments to worry about.
 



Costs covered

Pay nothing for paper receipt rolls for your EFTPOS machine, and the investigation of occasional transaction disputes.³

No hidden fees or charges.
All are quoted upfront.

Fee Description Amount (GST inclusive)
Flat transaction rate Charged on all eftpos, Mastercard, Visa and UnionPay transactions2.

1.2% (EFTPOS machines)

1.4% (EFTPOS Air app)

EFTPOS Air does not accept UnionPay.
Monthly terminal fee The cost of providing and maintaining your EFTPOS terminal (if you have one)

$24.00 (EFTPOS Flex)

$24.75 (Standalone EFTPOS Now)

$27.50 (EFTPOS Connect)

$35.00 (EFTPOS Now with Presto)

$35.00 (Presto Smart)

(N/A) (EFTPOS Air)
Equipment not returned/ damaged fee 
 A charge to cover damage to one of our terminals, or not returning it.
 $550 (maximum fee charged.)

Explore our EFTPOS machine options

Take payments anywhere in store or on the go

EFTPOS Now, our latest portable EFTPOS machine – great for cafés, shops, market stalls, food trucks, trades and professional service businesses.
 

Starting from $24.75 a month terminal fee

Find out more

Integrate with Linkly POS systems⁴

EFTPOS Connect, great for larger retailers, hotels, restaurants and cafés wanting to integrate with point of sale (POS) systems powered by Linkly.
 

$27.50 a month terminal fee

Find out more

Fast fixed POS, including self-serve kiosks

EFTPOS Flex, great for quick service restaurants, larger retail, bars and clubs wanting scalability and point of sale integration powered by Linkly.
 

$24.00 a month terminal fee

Find out more

$100 bonus, just for using EFTPOS Air

Take payments the easy way with EFTPOS Air on your compatible device – and get $100 for taking $1,000 through the app. Must be within 30 days of merchant facility approval between 3 June and 30 September 2024.

T&Cs apply.* Explore EFTPOS Air

Still don’t know which one to choose?

Use our handy tools to compare EFTPOS machines to find the solution for your business.

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FAQs about EFTPOS machine costs

Yes, the monthly terminal fees and other costs featured on this page include GST.

Merchant Helpdesk

1800 029 749

Available 24/7

Or:

Request a callback

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Things you should know

Applications for merchant services are subject to approval. Terms and conditions apply. Full details are available on request.

 

* $100 Bonus Offer: Conditions, fees, charges, eligibility criteria and exclusions apply. Standard product terms and conditions also apply. To be eligible for the $100 Bonus Offer (Bonus Offer) you must have an application for a Westpac EFTPOS Air facility approved between 3 June 2024 and 30 September 2024 and have achieved $1,000 gross sales within 30 days of the EFTPOS Air application approval (Eligibility Criteria). Gross sales represent sales where a fee is charged on the value and/or number of sale transactions. The value and/or number of refund transactions are not included in the calculation. Gross sales exclude any payments taken using a merchant’s personal card. You are not eligible to receive the Bonus Offer if, in the last two years you have held, or you currently hold, any merchant facility with Westpac, St.George, Bank of Melbourne or BankSA. The $100 bonus will be paid to your Westpac business transaction account approximately 60 days after you meet the Eligibility Criteria. If you unsubscribe from receiving marketing offers, you will remain part of this Bonus Offer and payment of the Bonus Offer will only be made into your nominated billing account. Your EFTPOS Air facility must also be operational at the time of payment. This Bonus Offer is limited to only one successful application per customer. The payment represents a pre-paid volume rebate of the first $100 (including GST) of Merchant Service Fees charged to your account. This $100 bonus may have taxation implications. We recommend that you seek independent advice to determine any tax liability or other tax implications based on your individual circumstances. Westpac has the right to vary or withdraw the Bonus Offer at any time. All Westpac Group offers are subject to eligibility and only available if your account is open and remains in good standing.

1. To use EFTPOS Air your iPhone or Android device will need to be Near Field Communication (NFC) enabled and running on one of the supported iPhone Operating System (iOS) or Android Operating Systems (OS), listed at visit  https://help.eftposair.westpac.com.au/compatibility/, which may change from time to time.
 
2. Our 1.2% flat transaction rate applies to eftpos, Mastercard ®, Visa and UnionPay but not to American Express, Diners Club or JCB cards. A 1.4% EFTPOS Air flat rate applies to eftpos, Mastercard® and Visa payments only, by card, mobile wallet or wearable.
 
3. Fees may be charged for chargebacks that are deemed to be excessive by us. You will be notified in writing one month prior to the fee being charged.
 
4. The point of sale solutions are supplied by POS providers, not Westpac. Westpac does not guarantee or endorse those products and any related services. You can find out if your POS is compatible with the Presto app.
 

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

UnionPay is a trademark of UnionPay International Co. Ltd.

American Express® is a registered trademark of American Express.