One flat rate, GST included
0.89%incl. GST
One simple rate on every domestic eftpos, Visa and Mastercard tap, dip or insert. No surprise scheme fees, no terminal rental and no monthly fees.
Proudly Melbourne-based
Wave away the fees.
Since 1 October, you can't surcharge card payments, so every fee now comes out of your margin. Wavepay keeps it simple: one flat rate of 0.89% including GST, a free terminal and no monthly fees.
0.89%
per card transaction on eftpos, Visa and Mastercard, GST included
$0
terminal and $0 monthly fees
4G
backup built in, so you keep trading if Wi-Fi drops
Verifone V660p
Android smart terminal with 4G and Wi-Fi
PCI PTS 7.x
approved payment hardware
No lock-in
contracts or exit fees
Melbourne-based
real people on email, 7 days
Why Wavepay
EFTPOS that's on your side.
You can no longer pass card fees on to customers. A lower flat rate, a free terminal and friendly local service put that money back in your pocket.
A modern terminal, free
The Verifone V660p: an Android smart terminal with a 5.5" HD touchscreen, 4G, dual-band Wi-Fi, QR scanning and a built-in receipt printer. Tap to pay and split bills out of the box. No upfront cost and no rental.
Wi-Fi down? Keep trading.
Every terminal has 4G backup built in. If your internet drops on a busy Friday night, it switches over automatically and your customers never notice.
Settlement 7 days a week
Funds settle daily into your nominated Australian bank account. Weekends and public holidays included, so there is no waiting until Monday.
Works with your POS
Pair your terminal with popular hospitality and retail point of sale systems and end the double-keying. Need a POS too? Ask us.
Local Melbourne support
Speak to a real person based in Melbourne, 7 days a week. Replacement terminals shipped or hand-delivered around the metro area.
Built for busy restaurants and cafes.
Friday night is not the time for a payment problem. Wavepay pairs a dependable Verifone terminal with features made for table service, so your team can take payment at the table, split the bill and accept tips without running back to the counter.
- Split bills, tipping and table mode
- 4G and dual-band Wi-Fi on every terminal
- Free terminal swap if your business needs change
- PCI PTS 7.x approved Verifone hardware
How it works
Switching takes three steps.
No lock-in contract, no setup fee and no monthly fees. Just one clear rate and a free terminal that works.
Apply online
Tell us about your business and how you take payments. We confirm your rate in writing before anything is signed.
Get your terminal
Once your application is approved, your terminal is dispatched the same day, set up and ready to tap.
Start getting paid
Tap, insert or swipe from day one. Funds settle daily into your Australian bank account, weekends and public holidays included.
Pricing
One rate. No monthly fees.
0.89% per card transaction on domestic eftpos, Visa and Mastercard, GST included. The terminal is free. Taking over $50,000 a month? Ask us for a custom rate.
Wavepay
For cafes, restaurants, retailers and trades.
0.89%
per domestic card transaction, GST included
- Free Verifone V660p terminal
- $0 rental, $0 setup, $0 monthly fees
- 4G backup built in
- Settlement 7 days a week
- Local Melbourne support
High volume
For businesses taking over $50,000 a month in card sales.
Custom
a rate tailored to your volume
- Everything in Wavepay
- Multiple terminals and locations
- Rate based on your current statement
- Dedicated contact
The rate includes GST and applies to domestic Visa, Mastercard and eftpos cards, including contactless and mobile wallet payments. American Express and international cards are charged at a separate rate, which we confirm when you apply. The free terminal is subject to a minimum monthly card sales amount, confirmed before you sign up. No terminal rental, setup, monthly or exit fees.
Savings calculator
See what you could save.
Enter your monthly card sales. We compare Wavepay with other EFTPOS options that charge no monthly terminal fee.
Compared with EFTPOS options that charge no monthly terminal fee, using published rates for eftpos, Visa and Mastercard as at November 2026. Providers that charge monthly terminal rental may offer lower transaction rates. Wavepay's rate includes GST.
| No monthly fee | Rate | Per month |
|---|---|---|
| Square | 1.6% | $320 |
| Zeller | 1.4% | $280 |
| Tyro | 1.3% | $260 |
| Westpac EFTPOS Air | 1.25% | $250 |
| CommBank Smart Mini+ $59 to buy | 0.99% | $198 |
| Wavepay | 0.89% | $178 |
You could save up to
$1,704
a year with Wavepay
Before you sign anywhere
Ask every provider these questions.
Headline rates rarely tell the whole story. Here are our answers to the questions worth asking any EFTPOS provider before you switch.
Feature
Wavepay
Ask other providers
Transaction rate
Wavepay0.89% on domestic cards, GST included
Ask other providersIs it a real rate, or only "from" a rate for selected businesses? Is GST on top?
Terminal rental
Wavepay$0, and the terminal is free
Ask other providersIs there a monthly rental, or is it only waived above a sales target?
Monthly fees
WavepayNone
Ask other providersAre there account, statement or minimum monthly fees?
Scheme fees
WavepayIncluded in the one flat rate
Ask other providersAre scheme or card-mix fees charged on top?
Contract
WavepayNo lock-in and no exit fees
Ask other providersIs there a minimum term or a fee to leave?
Internet outages
Wavepay4G backup built in
Ask other providersWhat happens when your Wi-Fi drops? Does mobile backup cost extra?
Weekend settlement
WavepayIncluded, 7 days a week
Ask other providersAre weekend payouts included, and do they cost extra?
Support
WavepayMelbourne-based team
Ask other providersWho answers the phone, and where are they?
FAQs
Frequently asked questions
Straight answers about rates, terminals and switching.
Can't find your answer? Ask our Melbourne team.
sales@wavepay.com.auYes. Wavepay is a Melbourne-based, Australian-owned and operated business.
Get started
Get your free terminal.
Tell us about your business and a Melbourne-based specialist will come back to you within one business hour with next steps.
- Melbourne, VIC
- sales@wavepay.com.au
- Mon to Sun, 8am to 8pm (Melbourne time)