Did you know?
You can get immediate access to the day's takings with Westpac Instant Settlement when you settle your Westpac EFTPOS terminal to a Westpac branded settlement account that day prior to 9:30 pm (Sydney time)1. Conditions apply.
Get a terminal, get an account
Business One Low monthly account fee waived for the first 12 months when you take out an EFTPOS 1 terminal and stay on a Merchant Pricing Plan (saving you $120).
Terms and conditions, fees and charges apply. Find out more
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.
* Settlement must be to a Westpac business transaction account.
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. Instant settlement functionality is not available on Corporate Online and is only available for Visa, Mastercard® and eftpos transactions (excludes Dynamic Currency Conversion and UnionPay transactions). Mastercard is a registered trademark of Mastercard International Incorporated. © Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.
2. Changes to merchant pricing plans are effective from the following month. Cancellation fee applies