When you're setting up EFTPOS it helps to know what you're actually paying for. While some providers promote one low monthly price, the truth is there are usually three distinct costs involved in accepting card payments: your terminal, the payment network, and connectivity.
Here’s a breakdown of what each cost covers, how much you can expect to pay, and who you’ll be paying.
1. EFTPOS terminal
What is it?
A monthly subscription (or one-off purchase cost) that covers the EFTPOS machine itself and the service that comes with it. This includes hardware, software updates, ongoing compliance, and technical support.
How much does it cost?
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Leasing a terminal typically costs $30–$40 + GST per month, per terminal
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Purchasing outright can cost between $1,000–$1,900 + GST
If you're not sure whether to lease or buy, think about your need for support, updates, and flexibility. With a rental, all of that’s included.
Who do I pay?
Your EFTPOS terminal provider.
2. Payment network connection
What is it?
A monthly fee that connects your terminal to the payment network, enabling it to securely process transactions. There are two networks in NZ: the Verifone Network and the Worldline Network.
Eftpos NZ is the only terminal provider that also operates its own network—so you can bundle your terminal and network for simpler billing and support.
How much does it cost?
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Verifone Network: $15.00 + GST per terminal, per month
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Worldline Network: $18.90 + GST per terminal, per month
Who do I pay?
The payment network provider you choose (Verifone or Worldline)
3. Internet connection
What is it?
Your terminal needs internet access to connect to the payment network. That could be via Wi-Fi, a cable directly plugged into your router, or a mobile SIM card.
How much does it cost?
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Ethernet or Wi-Fi: No additional costs, assuming you already have broadband
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SIM card (3G/4G): Included in your subscription, or around $13.00 + GST per month
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Backup SIM: $5.00 + GST per month, covers up to 200 transactions
We always recommend having a SIM as a backup in case your main internet connection goes down.
Who do I pay?
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Your internet provider (for Ethernet or Wi-Fi)
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Your terminal provider (for SIM cards or mobile data)
We don’t charge per-transaction fees for standard EFTPOS transactions. However, some other types of payments—such as credit card or contactless (payWave) transactions—may incur fees. These fees are set and charged by your acquirer (usually your bank) or a third-party payment provider, like AMEX.
Need help figuring out what’s right for your business?
Fill in the form below and an EFTPOS expert will get in touch, or give us a call on 0800 338 767. We're happy to help.
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