EFTPOS Overview

Learn the steps to getting set up for EFTPOS
and the costs involved.

What are the costs of taking card payments?

The good news is that EFTPOS is a cost-effective option for almost any business, with just three main costs:

Leasing a terminal

With Smartpay, you’ll pay a competitive fixed monthly cost for your terminal. Most leases are long-term, but short-term rental is also an option. By leasing you don’t have to worry about keeping up to date with compliance and software updates

Connecting to a EFTPOS Network

It costs $14.00 per month plus GST to connect to the Paymark network.

Merchant service fees

These are fees associated for having a merchant facility and accepting a card payment.

You’ll pay a fee on each credit card transaction (on average 2-4% of the transaction value but this varies based on industry and the amount of transactions you put through). There’s no charge for each debit or EFTPOS card transaction. For details, talk to your Merchant bank.

If you’re worried about the cost of merchant service fees, take a look at Smartcharge as an option to recoup some of these costs.

For most businesses, these costs are easily outweighed by all the advantages of offering customers a fast, safe and easy way to pay for goods and services.

Getting set up for EFTPOS


Assuming you already have your merchant account, and are not in a rural delivery area, we could have a terminal to you and up and running in as little as 2 working days once we have your signed agreement.

If you don’t have a merchant ID yet we can help you through that with your bank.

To get a personalised quote and estimate of timeframe, give us a call to talk through the options – or give us a call on 0800 005 396.

Look No Further. Get Started Today!

Contact us today to get your EFTPOS solution

Let us help you

Want to talk through your options? Call our Sales team on
0800 476 278 and we can help you with a solution based on the needs of your business.

Or complete the form online and one of our sales specialists will call you back within the next business hour.

Existing customer looking for help or support? Contact our Customer Service team

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CALL SALES 0800 476 278
CALL SUPPORT 0800 476 278

Request a quote today or call 0800 476 278 to speak with a sales specialist

Existing customer looking for help or support? Contact our Customer Service team

  • This field is for validation purposes and should be left unchanged.