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$100 Bonus for Accepting First $1,000 Payment through EFTPOS Air within 30 Days of Approval @ Westpac

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$100 Bonus for Accepting First $1,000 Payment through EFTPOS Air within 30 Days of Approval @ Westpac
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bemybubble on 17/05/2023 - 09:04 westpac.com.au (273 clicks)
Last edited 17/05/2023 - 12:13 by 1 other user

Small businesses and side hustlers this deal is for you.

Finally we have a way for your iPhone or iPad to take payment over NFC without the need for hardware.

Westpac have teamed up with Tyro to introduce introduced EFTPOS Air - allowing you to accept such payments. Charging a flat rate of 1.4% is pretty competitive IMO.

Deal is you get $100 back for accepting your first $1,000 through the app - Must be within 30 days of merchant facility approval between 17 May and 16 September 2023.

Downside is if you're operating as a partnership or trust you're not eligible.

Referral Links

Westpac Choice Account: random (115)

Referrer & Referee get $50 after referee makes 5 card purchases & deposits $500+. Maximum of 5 referrals allowed per customer: bonus is not paid to either parties if the referral code has been used more than 5 times.

Financial EFTPOS Payment System

Related Stores

Westpac
Westpac

closed Comments

  • ozbar on 17/05/2023 - 09:11
    -4

    1.4% is a deal? Lol

    • bemybubble on 17/05/2023 - 09:15
      +7

      Yes - Square charges 1.6%-1.9% and you still need to buy hardware

      Tyro charges 1.4% and needs hardware

      • countmein on 17/05/2023 - 09:40

        Why tyro needs hardware? Didnt you say westpac and tyro now no longer need hardware?

        https://eftm.com/2023/05/apple-introduces-tap-to-pay-on-ipho…

        Perhaps tyro dont give $100 as part of the original deal

      • oddjob on 17/05/2023 - 15:19

        To be fair, Square doesn't need hardware now either for a month or so, I got notified and have used it on my Galaxy S 22 and taken payment directly with a card placed against the back of my phone. It was 1.9% and can go to 1.6% as you said. Was going to look into all this with Westpac but since Square does theirs now directly and I hardly ever take payments like this anyway (mostly use PayID or cash), haven't been bothered.

  • dtales on 17/05/2023 - 09:23
    -3

    Yeah, everyone laughed at me when I started wrapping my iphone in aluminium foil.
    Ha, the jokes on you now, no "accidental" transactions hitting MY account while I'm standing on the train/tram! 😜

    • VehemenceThePhoenix on 17/05/2023 - 09:43
      +3

      Phones require you unlock it for payment.

    • Jessie Ryder on 17/05/2023 - 09:58
      +2

      Ok boomer

    • mk8 on 17/05/2023 - 10:29
      +1

      Is it shitty el-cheapo Ozbargain standard foil, or high quality Glad alfoil. How many layers you using? Can never be too careful.

      • dtales on 17/05/2023 - 10:33

        Same stuff I use for my head, its good enough to keep the voices out….

  • payless69 on 17/05/2023 - 09:28
    +1

    Good to see bringing back merchant facillities to own Australian institutions. The CBA deal is also worth considering.

  • Summoner on 17/05/2023 - 09:59
    +2

    I was interested in replacing my current eftpos terminal with Eftpos Air, then i called and found out the MOTO(manual processing over the phone) is not available with Eftpos Air at the moment.

    I called about a month ago. So if you need MOTO, call them up and find out if its available now before signing up.

  • denwol on 17/05/2023 - 10:06
    +3

    So $14 to transfer $1000 to yourself and you get $100 bonus? Is this correct?

    • bemybubble on 17/05/2023 - 10:12
      +1

      Yep

      • nightelves on 17/05/2023 - 10:22
        +1

        And you get points?

        • bemybubble on 17/05/2023 - 10:23

          Couldn't see why not - but that's more to do with the card provider rather than the merchant facility.

          • payless69 on 17/05/2023 - 11:32

            @bemybubble: Jack D. keeps his commission on chargebacks.
            Would you expect better from above?

            • bemybubble on 17/05/2023 - 11:38
              +1

              @payless69: I’m not sure what you mean but yes, I do enjoy my job at the bowling alley…

    • Thbloke on 17/05/2023 - 10:52
      +1

      Could you do the refund of your payment? What's the fee?

  • denwol on 17/05/2023 - 10:31
    +1

    Just noticed to open an everyday business account you need to go to a branch.
    Not one within 100km of me:)

  • MichiganFrog on 17/05/2023 - 11:13
    +1

    Westpac have teamed up with Tyro to introduce EFTPOS Air

    That is not correct - they are competing products both using Apple's tap to pay for iphone/IOS
    Tyro's offering https://www.tyro.com/about-tyro/media/tyro-now-offers-tap-to…

    • bemybubble on 17/05/2023 - 11:23
      +2

      I stand corrected. I think because I thought Westpac had taken over tyro but that fell through. Misread

  • HomeAlone on 17/05/2023 - 11:52
    +1

    Finally we have a way for your iPhone or iPad to take payment over NFC without the need for hardware.

    It's not just for Apple devices. Works with Android also.

    https://help.eftposair.westpac.com.au/compatibility/

  • Cozo on 18/05/2023 - 11:05

    The Tyro Tap to Pay on iPhone offer through Telstra is better than Westpac. There's no fees on the first $15k so you'll save $210 and then it's still 1.4%.

    https://www.telstra.com.au/small-business/business-services/…

  • Cocochicken on 10/09/2023 - 21:01

    Does anyone know if a ABN is needed?

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