What's a Simple Merchant Plan?

A Simple Merchant Plan allows your business to pay a fixed monthly amount for your payment terminal, as long as you stay within the included monthly card turnover.2 Any eligible business that wants to get a CommBank payment terminal like Essential Lite and a monthly plan can apply.

Here's how it works

  • Choose a device and plan. No lock in plan and includes AMEX at no extra charge1
  • Get same day settlement3 to your linked CommBank Business Transaction Account on all EFTPOS and credit card sales your business makes, 365 days a year.
  • Pay a fixed monthly amount for your device and transaction, as long as you stay within the included monthly card turnover2
  • Get access to all major card schemes, including American Express® and JCB1, Mastercard®, Visa and UnionPay4


Essential Lite

Accept payments instore or on the go with broadband internet or 4G/3G Mobile connectivity options. Accept all cards and contactless payments. User-friendly for fast payments.


Find the plan that covers your current monthly card turnover. $05 for your first device. $29.50 ea for additional devices. 

Least Cost Routing is not enabled for terminals on a Simple Merchant Plan, as the plan already applies a fixed monthly fee for your terminal and included transactions, regardless of network and card type.

Price per month
Monthly card turnover6
Fee on any purchases over incl. turnover

Other fees and charges

Fee type
What it's 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, terminal non-return fee, upgrade fee and eftpos stationery order charges may also apply.8

Apply online or call 1800 730 554

Things you should know

AMEX is available for eligible customers only.  The customer must request AMEX at time of application. 

As long as you stay within the included monthly card turnover, you’ll pay one fixed amount every month for your payment terminal.

Available to eligible customers with a Commonwealth Bank business transaction account and a linked Commonwealth Bank eligible merchant facility. ‘Same Day Settlement’ includes all card sales made before 10pm (AEST). Everyday Settlement applies to EFTPOS payments, which are treated as normal credit/debit transactions (for Commonwealth Bank account holders). 

4 UnionPay is available for eligible customers only. Diners transactions are available at an additional cost. 

$0 device fee applies to the first Essential Lite on the $30, $60, $90, $120, $150 fixed plan only.

An excess usage fee of 1.5% applies to any monthly card turnover over your included amount. Additional fees and charges may apply including $30 chargeback fee (per chargeback), $110 recovery and data removal fee, and $500 terminal non-return fee for all terminals except Emmy which is $250. The full fee list will be sent to merchants before the merchant application is approved.

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

8Additional fees and charges including $110 recovery and data removal fee if you cancel your plan, $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 ordernew eftpos rolls and stationery for your machine. You may incur an upgrade fee of $149 per eftpos machine if you choose to upgrade.

MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated. American Express is a trademark of American Express. Visa is registered Trademark of Visa in the United States. JCB is a registered trademark of JCB International. Union Pay is a registered trademark of UnionPay International Co., 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, please consider if it’s right for you. Bank fees and charges may apply. Download the Merchant Agreement Terms and Conditions for more information.