The problem
A 2 or 3 year contract you signed in a hurry.
With Wavepay
Month-to-month, with no minimum term.
Guides
No lock-in. No exit fees. Stay because it's better.
Long contracts and exit fees keep you paying more than you should. Wavepay is month-to-month, so you can leave any time, and we have to keep earning your business.
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
The problem, and the fix
What's costing you, and how Wavepay fixes it.
The problem
Exit fees or early termination charges if you leave.
With Wavepay
No exit fees, ever.
The problem
Rates that creep up once you're locked in.
With Wavepay
Our rate is published on our website for everyone to see.
Check your current agreement
Look for a minimum term, an early termination fee, a notice period and any terminal you need to return. Those are the real cost of leaving, and it's worth knowing them before you compare.
How Wavepay works
No contract term and no exit fee. One flat rate of 0.89% including GST, a free terminal and no monthly fees. If we stop being the best deal for you, you can leave.
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
Common questions
Is there a minimum contract term?
No. Wavepay is month-to-month with no lock-in.
What happens if I want to leave?
There's no exit fee. Let us know, and we'll explain how to return the terminal.
Related
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)