Why It’s Better to Transfer Your EFTPOS Contract Than Cancel It

Selling your business? Transferring your EFTPOS contract to the new owner is usually better than cancelling. Here's why.

You Avoid Early Termination Fees

Cancelling your contract early often comes with fees. But if the buyer signs a new contract with Eftpos NZ, we’ll waive your cancellation fee and we’ll even cover your last month of terminal rental fees when you complete the transfer - putting money back in your pocket!

You Make the Business More Appealing

Keeping the existing EFTPOS setup is quicker and easier for the new owner because they don’t have to shop around for a new provider and deal with waiting for shipping or technician visits. Offering a ready-to-go payment solution adds value. It helps you close the sale and gives the buyer one less thing to worry about.

We Handle the Setup With the Buyer

Once you submit this Change of Owner form, we work directly with the buyer to collect details, sort paperwork, and install or reconfigure terminals. You exit smoothly and avoid extra costs. The buyer gets a working EFTPOS system on day one. This works best for everyone if they're expecting our call. Check out our blog post with tips on how to discuss the EFTPOS transfer with the new owner here.

Next Steps

• See our step-by-step guide to transfer your EFTPOS contract
• Complete our Change of Owner form