r/AusFinance • • 4h ago

What rates are you paying for Merchant Services?

My existing merchant services provider, Suncorp, is closing its merchant facilities following the ANZ takeover, so I’m currently looking for a new provider.

With Suncorp, excluding GST, and using least cost routing I’m currently paying:

0.85% for Visa and Mastercard 11 cents for EFTPOS $29 per month terminal fee

I’m interested to know what rates others are currently being charged and which provider you’re using.

Any recommendations or feedback would be greatly appreciated.

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u/Anachronism59 4h ago

Probably better for r/Ausbusiness.

2

u/JohnosnaH 4h ago

Thanks, I was unaware it existed.