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
Installation/ Training : $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
Mandatory Compliance Fee : $20.00 + 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.