Selling Your Business? Here’s How to Avoid Losing Money on Your EFTPOS Contract

Selling your business is a big step — and while you're focused on the handover, your EFTPOS contract might not be top of mind. But if you cancel it early, you could face termination fees that eat into your profit. The good news? You can avoid those costs by transferring the contract to the new owner.

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Why Transfer the Contract?

Avoid early termination fees
Most contracts have fees if cancelled before the end of the term. Transferring lets you skip those and hand over a working terminal.

Keep things running
The new owner can take payments straight away. No setup delays, no searching for new providers. It’s a seamless handover, and they can still adjust the plan to suit them.

One month free
As a thank you, we’ll credit your final invoice with one month of free terminal rental once the transfer is complete. That’s one less cost to worry about.

How to Make It Happen

Talk early
Let buyers know there’s an active EFTPOS contract they can take over. Get our tips for communicating this to the buyer here.

Put it in the sale agreement
Include the contract transfer in your sale documents so there are no surprises later.

Fill out the form
Complete the Change of Ownership form to start the process. We will handle the rest!

 

 

 

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