You've heard of mortgage brokers. You've probably used an insurance broker. But an eftpos broker? That's a new one for most people.
And honestly, that's part of the problem. Most Australian business owners don't know this service exists. They sign up with their bank for an eftpos terminal, accept whatever rate they're given, and never think about it again. Meanwhile, they could be paying less, getting better features, or earning rewards like Qantas Points — all without spending a cent.
That's what an eftpos broker does. Let us explain.
An Eftpos Broker Works Like a Mortgage Broker — but for Payments
When you need a home loan, you don't walk into one bank and take whatever they offer. You go to a mortgage broker who shops the entire market on your behalf — comparing rates, features, and terms across dozens of lenders. The broker gets paid by the lender, so the service costs you nothing.
An eftpos broker works the same way. Instead of going directly to one payment provider, a broker compares multiple providers on your behalf to find the best fit for your business. The payment provider pays the broker a small commission, so you pay nothing.
At Eftpos Brokers, we compare over 20 payment providers — including Tyro, the big four banks, Stripe, Zeller, Square, and many more. We're not tied to any single provider, which means we have no reason to push one over another. We just find what works best for you.
How the Process Actually Works
It's simpler than you'd think. Here's what happens:
Step 1: A quick chat. We have a conversation about your business. What industry are you in? How much do you process each month? What's your current setup? What matters most to you — lowest fees, fastest settlement, Qantas Points, POS integration? This takes about 15 minutes.
Step 2: We do the shopping. Armed with your details, we go to our panel of 20+ providers and find the deals that genuinely fit. We look at rates, contract terms, terminal options, settlement speed, and any bonus perks. This is the work most business owners don't have time for — and we do it for free.
Step 3: We present your options. No pressure, no sales spin. We show you what we found and explain the trade-offs in plain English. If your current deal is already competitive, we'll tell you to stay where you are. That's a promise.
Step 4: We handle the setup. If you decide to switch, we coordinate with the provider — paperwork, terminal delivery, installation, and testing. You don't lift a finger.
Step 5: Ongoing support. You get a dedicated relationship manager who knows your account. Got a problem? You call us, not a 1300 number. We're your escalation point for the life of the relationship.
Why Not Just Go Direct to a Provider?
You absolutely can. But here's what happens when you do:
- You only see one set of options. A bank will only show you their own products. They won't tell you that another provider offers better rates for your transaction volume.
- You negotiate alone. Providers know that individual businesses have limited leverage. A broker who sends them dozens of clients per month has a lot more.
- You miss perks you didn't know existed. Things like Qantas Points on your eftpos transactions, cashback programs, or same-day settlement. Most business owners don't even know these are available.
- You spend hours comparing. There are over 20 payment providers in Australia, each with different pricing structures, contract terms, and terminal options. Comparing them properly takes serious time.
An eftpos broker eliminates all of that. You have one conversation, and we do the rest.
What Does It Cost?
Nothing. Zero. The service is completely free.
We get paid a small commission by the payment provider when we place a client with them — just like a mortgage broker. This commission comes out of the provider's margin, not your pocket. There are no fees, no hidden charges, and no obligation whatsoever.
If we can't find you a better deal, we'll tell you. And you walk away without owing us a thing.
Who Uses an Eftpos Broker?
All kinds of Australian businesses. We work with restaurants and cafes, pubs and bars, retail shops, tradies, hair salons, gyms, health clinics, accountants, e-commerce businesses, hardware stores, and more.
The common thread? They're business owners who'd rather spend their time running their business than negotiating with payment providers. They want someone who knows the market to do it for them.
We also specialise in hard-to-place businesses — industries like bookmakers, fuel stations, and gaming venues that often get rejected by mainstream providers. If you've been knocked back, we can usually help.
Is It Really Worth Switching?
That depends on your situation. Some businesses save hundreds of dollars a month by switching. Others find they're already on a good deal, and we tell them so.
But savings aren't the only reason to use a broker. Even if your rates are competitive, you might be missing out on perks like Qantas Points, cashback, or better settlement terms. One of our clients earns 720,000 Qantas Points per year just from their normal eftpos transactions — enough for international flights every year.
The only way to know is to have the conversation. And since it's free, there's no risk.
Ready to Find Out What You're Missing?
Book a free, no-obligation consultation with us. One quick chat and we'll tell you straight whether you can do better. No pressure, no sales pitch — just honest advice.
Book your free consultation here or call us free on 1800 595 340.