Cheapest Eftpos provider? Any suggestions please

Looking for suggestions for cheapest efpos rental, ANZ customer. Thanks in advance

Comments

  • Verifone have some good promotions at present on EFTPOS Terminals; 12 months free terminal rental IIRC on a 3 year contract. Remember though you'll also have payment network fees and acquirer fees. BNZ are shortly launching Payap but it's not a full EFTPOS solution.

    Windcave offer a full end to end service providing terminal rental, payment network and acquirer fees all from one supplier. Not the cheapest but good service and no hassle.

    The whole market is complex so make sure you do your research.

  • Thank you

  • Just my 2 cents with Windcave. Yes the service is good however they don’t payout any settlements on non business days. ie for my hospo business we receive no money for Friday-Sunday takings until Monday afternoon. Add on pub holidays your talking Tuesday arvo for 4 days worth of sales. Nightmare for cash flow esp now that all banks process funds everyday of the week. For this reason we’re looking at moving to ANZ.

    • Excellent point. Windcave may do same/next day settlement but increase their acquirer margin to do so AFAIK.

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