Ways your business could benefit

Accept all payment types, in-store and on the go

  • Tap & Pay for payments with smart phone and smart watches
  • 4G/3G10 mobile data connectivity when on the road. Optus and Telstra connectivity supported
  • Wi-Fi12 capability supported on the device for additional connectivity options
  • Fixed line broadband internet and Bluetooth connectivity provides you freedom to take payment anywhere in your store


Pricing plans to suit your business

  • Pay 1.1%5 on all transactions with no lock-in contracts
  • Or choose an interchange pricing plan and opt in for Least Cost Routing4

Take advantage of Same Day Settlement9

Receive your funds to your linked CommBank Business Transaction Account2 on all eftpos and credit card sales your business makes, 365 days a year. 

24/7 Australian-based support

  • 24 hour, 7 days a week customer support team based in Australia
  • A replacement EFTPOS terminal within four hours6 if needed
  • You’ll receive training for you and your staff on delivery


Choose a flat 1.1%5 per transaction or custom pricing with an Interchange Pricing plan.

Help me choose a plan

Pay 1.1% per transaction5

  • Pay 1.1%5 on all transactions
  • 1.1%5 covers Mastercard®, Visa®, AMEX® /JCB®12, eftpos®, and UnionPay® transactions

Plans include

  • Current offer: $0 merchant terminal rental for up to 6 months on up to 3 terminals1
  • Then $24.50 per EFTPOS machine per month after 6 months


$0 terminal rental fee1

Apply by 30 June 2022 to get up and running for the first 6 months when you get started1

See our Single Rate Per Transaction Plan


Other fees and charges8

What's it for
Joining fee
Charged to set up your account 
Chargeback fee
Charged to cover investigation costs if a customer disputes a transaction  
$30 per chargeback
Recovery and data removal fee
Charged if you cancel your plan 
Terminal non-return fee
Charged if you don't return your machine once you've finished your plan or if you return a damaged EFTPOS machine
$500 per EFTPOS machine 

Get ready to apply

What you’ll need

  • A business trading name registered with ASIC
  • To apply for this product online, you must have a CommBank Business Transaction Account2. If you’d like to settle into a different settlement account please call 1800 230 177.

Have these details handy 

  • Business contact information, including phone and email
  • Australian Business Number (ABN), business structure and registered address
  • Financial information, including monthly turnover and average card transaction sizes
  • Details or every director, partner or trustee depending on your business structure. This includes birth date, residency and occupation information 

How to apply

Apply online if you're a sole trader or own a private company, and

  • You make up to $250,000 per year in card transactions
  • You need up to 3 EFTPOS machines
  • You want to settle your EFTPOS sales to a CommBank Business Transaction Account2

Apply now

Or call 1800 230 177 to apply

  • Get customer pricing if your card transactions are more than $250,000 per year
  • If you want to settle your EFTPOS sales to a non CommBank account
  • If you're already using a CommBank EFTPOS machine to take payments

Call now

Request a call back

Free tailored business tips at your fingertips

Unlock possibilities and grow your business with tailored business tips based on customer data and local insights.

Available to EFTPOS and eCommerce customers who settle into a CommBank Business Transaction Account11

Discover your business insights

Want to link to your Point of Sale? Try Essential Plus

Our Essential Plus solution links seamlessly with any PC eftpos accredited POS provider to accept payments.

Go to Essential Plus

Things you should know

As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Merchant AgreementFinancial Services Guide and Operator and User Guides at our Merchant Support Centre.

1 The $0 terminal rental fee is available to eligible customers who apply for and open a new merchant terminal between 25 October 2021 and 30 June 2022, and settle to a CommBank Business Transaction Account on eligible pricing plans. Offer valid until 30 June 2022 and subject to change. The $0 terminal rental fee offer means customers have their terminal rental fees waived for the first 6 months for up to a maximum of 3 terminals, available on Smart, Essential Lite and Essential Plus. The offer is only available at the initial application and can’t be extended to additional terminals after the application has been processed. Offer is not available for group deals (including Alliance Partners) or Bankwest. For more information on our range of EFTPOS products and pricing plans, visit commbank.com.au/merchantterminal.

2Business Transaction Account is required to settle your transactions, if you apply online through NetBank. You can choose to settle your transactions to an alternate account held with us or another financial service provider by calling our Merchant Sales team on 1800 230 177, any time after your application is finalised. The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances.  Terms, conditions, fees and charges apply to Business Transaction Accounts and NetBank. Read the Terms and Conditions for Business Transaction and Savings Accounts and the Electronic Banking Terms and Conditions (PDF) and consider whether these products are right for you. The target market for this product can be found within the product’s Target Market Determination.

Mail Order and Telephone Order (MOTO) processing also known as Handkey: Call our Merchant team after your application is approved. Once authorised, you can process payments manually by entering credit card details into an EFTPOS machine. Each request will be assessed individually. We don't guarantee your application for Handkey functionality (MOTO) will be approved.

MOTO transactions accepted over the phone or by mail order are subject to a separate application and review. Eligibility criteria apply. For more info and to apply call us on 1800 230 177.

Least Cost Routing is also known as Merchant Choice Routing. A reference in the Merchant Agreement dated 1 April 2020 to Merchant Choice Routing is also a reference to Least Cost Routing. Only for eligible devices.

1.1% covers Mastercard®, Visa®, AMEX®/JCB®,  eftpos®, and UnionPay® transactions (additional costs may apply for all other cards).

4 hour device replacement service is available for metro and 3-5 business days for remote areas. Remote area is anywhere which isn’t serviced by a technician, and only phone support is available.

7Joining fee of $250 applies if you settle to another financial provider.

8 Additional fees and charges including $500 terminal non-return fee if you need to replace a damaged EFTPOS machine or you don't return your machine once you've finished your plan and EFTPOS stationery order charged if you order new EFTPOS rolls and stationery for your machine. You may incur an upgrade fee of $149 per EFTPOS machine if you choose to upgrade. 

9  Everyday Settlement available to eligible customers with a Commonwealth Bank Business Transaction Account and a linked Commonwealth Bank merchant facility. ‘Same day’ includes all card sales before 5:30 pm (AEST)

10 4G only available in 4G compatible areas.

11 Daily IQ has been prepared as a tool for general information purpose only and should not be relied on to make business decisions or for account reconciliation. Daily IQ is available to business customers with a Business Transaction Account.

12 AMEX/JCB is available for eligible customers only.

Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated. American Express is a trademark of American Express. Visa is a registered Trademark of Visa in the United States. Union Pay is a registered trademark of UnionPay International Co., Ltd. Diners Club is a registered trademark of Diners Club International Ltd. 

View Terms and Conditions for Business Transaction and Savings Accounts and our Financial Services Guide and consider them before making any decision about these products. This advice has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, consider if it’s right for you. Bank fees and charges may apply. Download the Merchant Agreement Terms and Conditions for more information.