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Things you should know

Applications for merchant services are subject to approval. Terms and Conditions and other fees and charges apply. Full details are available on request.

1. Westpac instant settlement functionality is not available between 9:30pm and 11:59pm (Sydney time) for all EFTPOS 1 terminals and is not available between 9:30pm and 11:00pm (Sydney time) for all other terminal types. You can only settle a Westpac issued EFTPOS terminal once within a 24 hour period. Subject to system availability, settlement can take place 7 days a week. Settlement must be to a Westpac account. Instant settlement functionality is not available on Corporate Online and is only available for Visa, Mastercard and eftpos transactions (excludes Dynamic Currency Conversion transactions).

2. If you want to accept American Express, you'll need to call 1300 363 614 to enter into a separate merchant agreement with American Express.

3. Refer to our guide to merchant service fees and charges for more information.

4. Applies to transactions processed before 6pm (Sydney time). Settlement takes place 7 days a week, 365 days a year - subject to system availability. Settlement must be to a Westpac account.

5. The Monthly Plan Fee for your Business One (Low) account will be waived while you continue to hold a Merchant Facility on an EFTPOS 1  Merchant Pricing Plan or Genie $25 or $55 Plan (as appropriate) and settle to this account. The Business One (Low) account must be in the same name as the Merchant Facility. This offer is not applicable for any other account type and for a single account per Merchant Pricing Plan only. All other account fees and charges apply. Where you do not hold a Business One (Low) account or cease to hold a Merchant Facility on a Merchant Pricing Plan or Genie $25 or $55 Plan(as appropriate), the standard Monthly Plan Fee will apply for the account. We may withdraw or vary any benefit under this offer by providing you 30 days’ written (including electronic) notice. This offer may be withdrawn or varied at any time.

6. Changes to merchant pricing plans are effective from the following month. Cancellation fees apply.

^To be eligible for the Westpac Merchant Pricing Plan you must hold and settle into a Westpac business transaction account in the same name as the Merchant Facility. Not available for use outside of the indirect tax zone. One terminal per Merchant Pricing Plan, per Merchant and available for EFTPOS 1 products only. Other terms and conditions apply.

^^Genie Plans are not available for use outside of the indirect tax zone. Other terms and conditions apply.

 

American Express® is a registered trademark of American Express.

World Mastercard®, Mastercard® and the Mastercard brand mark are registered trademarks, and PayPass is a trademark of Mastercard International Incorporated.

Bluetooth® is a registered trademark owned by Bluetooth SIG, Inc. and use of the mark by Westpac is under license.

iPhone is a trademark of Apple Inc., registered in the U.S. and other countries.

Android is a trademark of Google Inc..