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 : $150 + gst within the Auckland Area .
Live Power and Ethernet Socket needs to be available within 1.5 metres from the proposed install location
On-going costs
Paymark Network : $14 + gst per month
Paymark Dial Up Fee : $9.95 + gst per month (On charged for Dial Up Sites / Waived for Broadband Charges)
Sim (Mobile eftpos Only) : $12.95 + gst per month
Mandatory Compliance Fee : A Fee charged to all eftpos terminal to enable keep the software up to date remotely to the compliance requirements set by the Payments Network
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 Verifone V205C, our starter EFTPOS terminal.