ZERO Cost EFTPOS Integration

The integration of an EFTPOS terminal with a POS system streamlines the payment process and reduces the risk of human error. The POS system is able to automatically send the payment or refund amount to the EFTPOS terminal, saving time for businesses with a high volume of transactions. This integration also allows for faster checkouts, improving the overall customer experience.

“ZERO Cost EFTPOS” which allows businesses to charge customers the exact amount of the bank’s transaction fees for using their credit or debit card, rather than a higher rate as charged by non-bank EFTPOS terminal providers. This feature gives businesses control over the on-charge rate and ensures fairness and accuracy, while still allowing businesses to use their current bank and access funds on a daily basis.

The cost of using an EFTPOS terminal typically includes a monthly fee and transaction fees.

The terminal monthly fee for an EFTPOS terminal can vary between standalone and integrated terminals, with an average cost of $29-$39 per month. Transaction fees, on the other hand, are based on the type of payment card used. For bank cards, transaction fees typically range from 20c-25c per transaction, while for credit cards, they can range from 1.5% to 1.9% per transaction. Amex and Diners card fees vary and are based on the merchant’s agreement with the card issuer.

It’s important to note that these fees are subject to change and may vary depending on the EFTPOS provider. It’s a good idea to check with the provider for the most up-to-date pricing.