![]() ![]() You’ll often find these EFTPOS machines in restaurants, supermarkets, and large retail chains. However, you may need to enter the sales total manually into these EFTPOS machines. Other EFTPOS machines do have a display screen, and may allow customers to add a tip. These EFTPOS machines work well for farmers’ markets and pop-up stores, and are also found in small retail stores. Your customers can still view the payment details on a separate screen (such as a mobile device). They may offer the best portability, but they don’t include a display screen. The smallest EFTPOS machines are simple contactless card readers. Which do you need more, portability or visibility? ![]() Some machines can do both, making use of a data plan when you’re working remotely, or connecting to your Wi-Fi or broadband via Bluetooth connectivity so you can do business anywhere within your store. ![]() Many EFTPOS machines, however, can be used ‘on the road’ using 4G/3G connectivity. Some EFTPOS machines require a fixed line broadband connection, which means you can only do business at the point where the machine is installed. Will you do business on the road or in store? The one you choose depends on how you intend to do business. There are several EFTPOS machines on the market. Which type of EFTPOS machine should you choose? You’ll usually add the purchase or rental of EFTPOS machines to the merchant plan you sign with your provider. There are several EFTPOS providers in Australia, including the four major banks. Find out more about surcharging customers.Īt CommBank, we make payments simpler for small business, with competitive flat rates for all in-store and online payment transactions for eligible merchant customers. If you choose to do that, make sure you understand how your customers might feel about the additional costs of purchasing from your business. To cover the cost of using EFTPOS, you may consider passing on those charges to your customers, or you may set a minimum purchase amount. Others calculate a service fee based on your volume of EFTPOS transactions in a month. Some include a joining fee or annual fee. Just like with bank accounts and mobile phone plans, Point of Sale (POS) merchant plans can vary.
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