The problem
Different rates for every card type, so you never know what a sale costs.
With Wavepay
0.89% on every domestic eftpos, Visa and Mastercard card.
Guides
One flat rate. No card-mix maths.
Different rates for debit, credit, premium and business cards make statements impossible to check. A flat rate keeps it simple.
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
Scheme fees and extra charges on top of the headline rate.
With Wavepay
Scheme fees are included in the flat rate.
The problem
Rates quoted without GST, so the real cost is higher.
With Wavepay
Our 0.89% already includes GST.
Flat rate vs interchange plus
Interchange-plus pricing can work out cheaper for very large businesses with lots of debit transactions, but it's harder to predict and check. For most small businesses, a low flat rate is simpler and easier to budget for.
The Wavepay rate
0.89% per card transaction on domestic eftpos, Visa and Mastercard, including contactless and mobile wallets, GST included. Taking over $50,000 a month? Ask us for a custom rate.
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
Does the flat rate include debit and credit cards?
Yes. 0.89% applies to domestic eftpos, Visa and Mastercard debit, credit and prepaid cards, including tap and mobile wallets.
Is the rate the same for premium or business cards?
Yes, for domestic Visa and Mastercard. American Express and international cards are charged separately.
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)