• expired

$100 Cashback after Processing $2000 in Transactions (1.1% Fee, $59 Smart Mini Required) @ CommBank Business

60

CommBank trying to remain competitive vs Square, Zeller, et all.

1.1% flat surcharge for Amex, eftpos, JCB, Mastercard, UnionPay & Visa, terminal is $59 outright

Offer: Order now to receive $100
Purchase a Smart Mini reader and process at least $2,000 through that Smart Mini reader before 30 June 2023 and receive $100 in your linked CommBank Business Transaction Account. Max $100 per new merchant number.

Merchant customers who purchase a CommBank Smart Mini reader (or readers) and process at least $2,000 of transactions using that reader (or readers) by 30 June 2023 (was previously 30 April 2023), will receive a one-off payment of $100 to their linked settlement account which must be a CommBank Business Transaction Account. Linked settlement accounts held at other financial institutions will not be eligible for this offer. A maximum of $100 will be paid for each valid, new merchant number you have with us. Payment will be made into your CommBank Business Transaction Account within 45 days of the conclusion of the offer. Offer subject to change. If you have purchased a CommBank Smart Mini reader (or readers) and met the eligibility criteria by 30 April 2023, you will receive your payment within 45 days of that date. If you are yet to process at least $2000, you will have until 30 June 2023 to meet the eligibility criteria. For more information on our range of EFTPOS products and pricing plans, visit commbank.com.au/merchants.

Related Stores

Commonwealth Bank
Commonwealth Bank

closed Comments

  • tempting as square charges us 1.9%

    • Square is now backcharging fees on returns. Dorsey is finished!

  • Do they have an API for internet payments?

    • +1

      They'll probably point you at bpoint, it's CBA's standard ecomm offering. Technically inferior to Stripe, but likely a better rate.

      • I'm currently using Stripe.

        • My striptease club uses that: Gets every single payment out of empty accounts.

  • This doesn't have wifi support

  • +1

    Looks interesting - but also this one is a basic device. Can only connect to your device with Bluetooth - nothing else. Not bad if you can get the $100 credit

    Features
    POS integration - No
    Dual SIM - No
    Wi-Fi - No
    4G/3G - No
    Surcharging - Yes
    Tipping - Yes
    Merchant Portal/Hub - Yes
    App Marketplace - No
    Digital receipts - Yes
    Split billing - No

    More details here

  • +1

    Do you need submit a proposal to CBA on what business you are running?

    I got banned from square and they took $500 worth of transactions from me

  • +1

    For anyone wanting to know - No you can't use those 10% off vanilla gift cards and pay yourself. You will get flagged, banned and funds on hold. I learnt the hard way :(

    • +1

      Worked out any solutions for this?

  • Does anybody know if they conduct a credit check for the application?

    I went through the application and it says "We may access credit information held with credit reporting bodies when reviewing this application."

    https://paste.pics/OK03E

Login or Join to leave a comment