Amex, keyed payments (MOTO) and debit card transactions do not count towards this minimum. Otherwise, you pay an EFTPOS rental fee of $34.95 + GST monthly. The Zero Cost EFTPOS plan has no fixed monthly fee as long as you’re accepting at least $10,000 AUD monthly from Visa, Mastercard and eftpos cards per terminal. So in reality, this is more like an early termination charge that was never intended as a setup fee. No contractual commitment is required, so you can cancel any time.Īccording to Smartpay, a $90 + GST “setup fee” is waived upon registration, but this is payable if you leave the EFTPOS plan within 12 months. Smartpay offers two EFTPOS plans: Zero Cost EFTPOS and Simple Flat Rate.
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