Accepting EFTPOS transactions

Give your customers more ways to pay, and make it easier to manage your cash flow and reconciliation.

Apply online Pricing options

EFTPOS features

EFTPOS (Electronic Funds Transfer at Point Of Sale) provides a seamless, secure way to transfer money from your customers’ credit or debit cards to your business account. 

More ways to pay

With an EFTPOS terminal^ you can accept Visa, Mastercard, American Express and UnionPay International credit and debit cards, as well as Payap, Alipay, and all major New Zealand debit cards. You can also accept and process Diners Club and loyalty card transactions if you have a relationship with these providers.

Quick settlement

If your EFTPOS transactions are settled to a BNZ account, you’ll be able to view and access your money as soon as it’s been processed. You’ll have your card payment amounts in your BNZ account around 11pm every day – 7 days a week, 365 days a year.

More about card payments settlement

Security

We comply with PCI DSS guidelines to help protect the integrity and security of your customers’ card data, as well as protecting your business against potential loss of revenue.

More about card payment security

Accepting payments from overseas visitors

Alipay

Add Alipay to your Verifone EFTPOS terminal to provide a seamless payment experience for Chinese visitors, students, and recent migrants to New Zealand. Alipay is used by over 520 million Chinese customers, with up to 150 million active daily users of the Alipay mobile app. 

More about Alipay

UnionPay International

Accept payments from visitors from China and 24 other countries, by adding UnionPay International to your EFTPOS terminal. Once it’s set up, cardholders can access their accounts so their purchases won’t be limited to the cash they’re carrying.  You only pay a fee when you make a sale, and if you’re already a customer with us there’s no change to your terminal — we simply turn the service on overnight.

For more information call 0800 737 774

Transaction fees

Choose a pricing option that suits your business needs.

Packaged pricing

Designed for businesses with varying sales volume. We automatically put you on the tier that delivers the lowest transaction fees each month.

Packaged pricing rates

Split pricing

Designed for higher sales volumes or specific card types. Transaction fees are charged as a percentage of net sales depending on the card type.

Split pricing rates

Interchange Plus

You pay exactly what it costs to process your transactions, but it may provide less certainty of costs from month to month. Eligibility criteria applies.

Call 0800 737 774

Packaged pricing

You don’t have to choose a package. We’ll calculate which package is the most cost-effective for you based on your net sales each month.
Packaged pricing is only available for BNZ customers who:

- process up to $300,000 in net sales per month
- process less than 10% of net sales on international cards
- process less than 10% of net sales on corporate cards
- settle all transactions to a BNZ business account.

If you have a terminal that accepts card payments, you’ll need to have contactless enabled to benefit from packaged pricing.

Split pricing

Split pricing fixed rates apply for merchants who:

- settle all transactions to a BNZ business account (a premium of 0.45% applies for merchants who settle transactions to non-BNZ business accounts)
- process less than 10% of net sales on corporate cards.

Help and support

If you have questions or need help, call 0800 737 774.

If you’re looking for information on personal Eftpos cards, see Everyday cards.

Mastercard is a trademark of Mastercard International Incorporated.

Visa is a trademark owned by Visa International Service Association and used under license.

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