Who is eligible
You can get the offer if you:
- are an existing BNZ merchant replacing your PCI 3.x terminal, or
- are a new BNZ merchant signing up for a 36-month contract, and
- settle transactions into a BNZ business account.
Accepting EFTPOS transactions
Give your customers more ways to pay, and make it easier to manage your cash flow and reconciliation.
18 months free terminal rental
This offer is available if you sign up by 30 April 2025.
Existing BNZ merchants
Contact any of these providers to get the offer.
New BNZ merchants
Contact us on 0800 737 774 to get the offer.
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.
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.
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.
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.
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.
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.
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.
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.| Monthly service fee |
$5 per month |
$15 per month |
$35 per month |
$65 per month |
$145 per month |
$285 per month |
$545 per month |
| Includes fees on sales up to | $400 | $1,400 | $3,250 | $6,000 | $14,000 | $28,000 | $54,000 |
| Fee on additional sales | 1.1% | 1.1% | 1.1% | 1.1% | 1.1% | 1.1% | 1.1% |
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.
- 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
| Card type | Contactless | Insert/swipe | Card not present |
| NZ debit cards | 0.70% | - | 1.50% |
| NZ prepaid cards | 0.70% | 1.50% | 1.50% |
| NZ credit cards | 1.50% | 1.50% | 1.50% |
| American Express & UnionPay cards | 1.50% | 1.50% | 1.50% |
| All other international cards | 2.95% | 2.95% | 2.95% |
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.
- 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.
The number of terminals is limited to 3 terminals per customer for this promotion. If you have more than 3 terminals, please contact our Merchant Team on 0800 737 774 to discuss possible rebate arrangements which may be available to you.
This promotion is only available through EFTPOS New Zealand (Verifone), EFTPOS Now, Skyzer, and TotalPOS Solutions and is subject to their terms and conditions, including a minimum term. Network access fees will be applicable (as per network providers’ charges). SIM fees may apply. No terminal provider is a related company of BNZ and BNZ makes no representation about any terminal provider, its products, or services. Offer subject to change without notice.
Eligibility criteria, terms and conditions, and fees apply.
This service will be part of your merchant services facility and merchant service fees, charges and Terms and Conditions will apply. An application fee of $100 may apply on the establishment of an EFTPOS merchant service facility.