The problem
Fear of a day with no card payments while the new terminal is set up.
With Wavepay
Keep your old terminal running until your Wavepay terminal is live.
Guides
Switch EFTPOS provider without missing a sale.
The biggest worry about switching is the day in between. Here's how to do it with zero downtime.
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
Contracts with notice periods and exit fees.
With Wavepay
Wavepay has no lock-in contract and no exit fees.
The problem
Paperwork and waiting weeks for approval.
With Wavepay
Apply online in about two minutes. We keep you posted at every step from verification to delivery.
Before you switch
Find your current agreement and check for a notice period, exit fee or a terminal you need to return. Note your average monthly card sales from your last statement.
Switching steps
Apply with Wavepay. Our banking partner verifies your business. Your terminal arrives ready to go with 4G backup. Run a test payment, then give notice to your old provider and return their terminal.
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
How long does it take to switch?
Apply online in about two minutes with valid Australian business documents. Once your application is approved, your terminal is dispatched the same day, and you keep trading on your old terminal until it arrives.
Do I need to change bank accounts?
No. Wavepay settles to your nominated Australian business bank account.
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)