The problem
You pay terminal rental whether you sell $500 or $50,000 that month.
With Wavepay
No rental and no monthly fee. You only pay 0.89% on what you take.
Guides
EFTPOS with no monthly fee. Not even in a quiet month.
Rental and monthly fees hurt most when trade is slow. Wavepay has neither, so you only pay when you get paid.
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
Rental is only waived if you hit a sales target.
With Wavepay
No targets to hit to avoid rental. The terminal is free.
The problem
Extra charges for a 4G SIM so the terminal works away from Wi-Fi.
With Wavepay
4G backup is built into every Wavepay terminal.
Why monthly fees cost more than they look
A $25 monthly rental is $300 a year before you take a single payment. For a seasonal business or a market stall, that's money gone in the months you barely trade.
Pay only when you get paid
Wavepay charges 0.89% per card transaction including GST on domestic eftpos, Visa and Mastercard. No rental, no monthly fee, no setup fee and no exit fee.
The terminal
This is the one you get.
Every Wavepay business is set up on the Verifone V660p. It is yours for free with no rental, no setup fee and no monthly fee, and we swap it at no cost if your business needs change.
- 5.5" HD touchscreenAndroid smart terminal
- 4G and dual-band Wi-Fiautomatic 4G backup
- Tap, insert, swipe and QRplus mobile wallets
- PCI PTS 7.x approvedbuilt-in receipt printer
Product images supplied by Verifone. The payment screen shown is an illustration of the Wavepay checkout.
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
Are there any monthly fees with Wavepay?
No. There's no terminal rental, no monthly fee, no setup fee and no exit fee. You pay 0.89% per card transaction including GST.
Is there a minimum amount I need to take?
The free terminal is subject to a minimum monthly card sales amount. We'll confirm it with you before you sign up.
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)