No obligation. No hidden fees. Just the best independent eftpos provider comparison in Australia.
We compare rates, fees, settlement speed, and features across Tyro, Square, Zeller, Westpac, CBA, NAB, Smartpay, and more. Find the provider that saves you money and gets your business paid faster.
We've pulled together the key details on Australia's most popular providers. Scroll right on mobile to see all columns.
| Provider | Transaction Fee | Monthly Fee | Terminal Cost | Settlement | Best For |
|---|---|---|---|---|---|
| Tyro | From 1.1% + 8c | No | $299 | Next-day | Hospitality & retail with POS integration |
| Square | 1.6% flat | No | $59–$329 | Next-day | Small & micro businesses |
| Zeller | 1.4% flat | No | $99–$199 | Same-day | Small businesses wanting simplicity |
| Westpac | From 1.4% blended | From $30/month | Leased | Same-day (if Westpac account) | Existing Westpac customers |
| Commonwealth Bank | Negotiable (from ~1.1%) | From $25/month | Leased | Same-day (if CBA account) | Existing CBA customers |
| NAB | 1.15% flat | From $0/month (on some plans) | Leased | Same-day (if NAB account) | Existing NAB customers |
| Smartpay | 0% (customer surcharge model) | $0 (min $10k/month turnover) | Free | Next-day | High-volume businesses wanting zero cost |
| Linkly | Varies by acquirer | Varies | Works with existing | Varies | Businesses needing POS integration |
Rates accurate as at March 2026. Pricing varies by turnover, risk profile, and specific product. Contact us for a personalised quote.
Pros: Excellent for restaurants, bars, and retail. Integrated POS systems. Good rates if you hit volume. Next-day settlement. Tech-savvy support team.
Cons: $299 upfront terminal cost. Rates depend on mix of transaction types. Not ideal if you're just starting out.
Pros: Simple, flat 1.6% rate with no monthly fees. Compact reader works with your phone. Great for market stalls, tradies, and small retail. Affordable terminal options from $59.
Cons: Rates are higher than some fixed providers. Limited merchant support if you're a large business.
Pros: 1.4% flat rate, no monthly fees. Same-day settlement is a huge win. Modern software and growing rapidly in Australia. Competitive for small businesses.
Cons: Smaller than incumbents, so fewer integrations. Less brand awareness = less customer comfort (though reliability is solid).
Pros: Bundled with business accounts for some customers. Same-day settlement if you're already banking with Westpac. Strong support infrastructure.
Cons: Monthly fees add up. Rates often higher than independent providers. Lock-in fees if you leave. Not the best value for most businesses.
Pros: Rates can be negotiated down below 1.1%, especially for large businesses. CBA account holders get same-day settlement. Trusted brand.
Cons: Rates typically higher than non-bank competitors. Monthly fees. Not worth it unless you're already a CBA customer with decent turnover.
Pros: Competitive 1.15% flat rate. Zero monthly fees on some plans. Same-day settlement for NAB account holders. Good long-term value.
Cons: Leased terminals only. Can be locked in if you're on a longer contract. Not the cheapest option upfront.
Pros: Zero per-transaction fees (customers pay surcharge instead). Perfect for high-volume, low-margin businesses like fuel stations and drive-through venues. Free terminal.
Cons: Minimum $10k monthly turnover required. Customer surcharge model can damage loyalty. Not suitable for hospitality or retail.
Pros: Works with your existing terminal and bank. Flexible acquirer choice. Great if you're switching without replacing hardware.
Cons: Pricing is complex and varies widely. Requires technical integration. Not a simple self-serve option.
We compare all 20+ providers on your behalf. No bias. No hidden partnerships. You get the full picture, not just one provider's sales pitch.
We negotiate wholesale rates with providers on volume. Your business gets better pricing than if you rang them direct. Same service, lower cost.
Earn Qantas Points on every transaction. Get Eftpos Brokers Mastercard cashback. Access rebates and local sponsorships. Perks nobody else offers.
One person knows your business inside and out. No phone trees or transfer queues. Just direct support when you need it.
We run the numbers. We make the calls. You get one clear recommendation. No spreadsheets, no endless follow-ups with providers.
If we can't beat your current deal, we'll tell you straight up. No pressure. We'd rather be trusted than pushy.
Switch to Eftpos Brokers and start earning Qantas Points on eftpos processing. No extra cost. No gimmicks. Real points you can use for flights, upgrades, lounge access, or Qantas Shop redemptions.
Example: A cafe processing $30,000 per month could earn enough points for 2–4 domestic return flights per year. That's real money going back into your business.
The more you process, the more you earn. It's that simple.
Transaction fees (also called discount rates) are the percentage you pay per sale. Monthly fees are flat charges regardless of turnover. Some providers charge only transaction fees, others charge both. A broker compares the total cost, not just one line item. For example, 1.1% might look cheaper than 1.4%, but if 1.1% comes with a $50 monthly fee and 1.4% doesn't, you might be better off with the higher percentage depending on your volume.
Settlement is when the money hits your bank account. Next-day settlement (most common) means if you process a sale today, the cash arrives tomorrow. Same-day settlement is rarer and usually only available to existing bank customers or premium players. For hospitality and retail, faster settlement = better cash flow, which helps you pay suppliers and payroll on time. Some businesses don't care; others live and die by it.
No. You can use a provider like Linkly that works with your existing bank, or you can go with an independent provider like Square or Tyro that isn't tied to any bank. Your eftpos provider and your bank account are separate things. That said, if you're already with Westpac, CBA, or NAB, sometimes their in-house eftpos rates are competitive, especially if you have decent turnover.
Usually 1–2 weeks from contract signature to terminal delivery and live processing. The main delays are approval (usually instant if you're an existing business) and terminal shipping. Some providers offer faster shipping for a fee. We'll walk you through the switchover and make sure there's no downtime. No stress.
No obligation. No pressure. Just a straight conversation about your eftpos costs and how we can help.