Eftpos Basics

There are a few basic things that you need to know about using, operating and maintaining an EFTPOS terminal. Some standard costs are detailed below.

One off costs

Bank Setup Cost : $100 TO $250 depending on acquiring bank

On site Installation/ Training (if required) : $150 + gst within the Auckland Area .

Power and Telephone Socket needs to be available within 2 metres from the proposed install location

Installation via IP : $ 21.25 + gst per 15minute Labour + Parts

On-going costs

Paymark Network : $13.50 + gst per month

Sim (Mobile eftpos only) : $12.95 + gst per month

Credit Cards (optional) : To be negotiated with the banks. It is charged on a commission rate (% of the dollars worth of credit card sales) and usually has a monthly minimum of $20

Consumables : As required

Start using EFTPOS with your business today by purchasing a Verifone VX510, our starter EFTPOS terminal.