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PayNuts offers a range of EFTPOS solutions, with some charging no transaction fees and no terminal rental fees.

In this guide

  • Review
  • Compare other EFTPOS payment terminals
  • Your reviews
  • Ask a question

Key points about PayNuts

  • Terminal rental from $0/month if you meet a minimum monthly transaction volume of $10,000 per terminal
  • Option to pay no transaction fees and surcharge customers instead with the Pay Nothing EFTPOS product
  • In-store, online and mobile payments with single source reporting
  • Accepts all major payment types
  • Real time transaction reporting
  • No lock-in contracts and no joining, cancellation, or exit fees
  • Link to your existing business bank account
Cashback offer
New PayNuts customers can receive a $150 cashback if they apply and sign up for a Pay Nothing EFTPOS plan by 30 June 2024.
To qualify for this offer you must start processing payments within 30 days of approval and process at least $10,000 in eligible transactions each month for the first 3 months. Other terms and conditions apply.

What types of payment machines does PayNuts offer?

PayNuts currently offers one type of portable terminal; the VeriFone T650p EFTPOS terminal. This terminal is easily portable and offers clear, touchscreen display as well as WiFi, Bluetooth and mobile network connectivity options.

Features of PayNuts

Pay Nothing EFTPOS or Low Fee EFTPOS

The Pay Nothing EFTPOS product allows you to surcharge your customers instead of paying any transaction fees, so your business isn’t charged for payments at all.
If you don’t want to surcharge your customers, there’s also the Low Fee EFTPOS product option. This option does charge your business transaction fees, which are customised depending on your business structure and turnover.

EFTPOS terminals from $0/month

You can hire EFTPOS terminals and pay no monthly hire fees if you meet the minimum monthly transaction volume of $10,000 per terminal. If you don’t meet this transaction volume in any month, a fee of $29 (inc. GST) per terminal applies for that month.

Payment Options

All major payment types are accepted including AMEX, Apple Pay, Google Pay, Alipay, Zip Pay and Afterpay.
As well as EFTPOS payments, you can also accept payments via your website or an app.

No lock in contracts and no cancellation fees

You won’t pay any joining fees or cancellation fees, and you’re free to cancel at any time with no lock-in contracts.

PayNuts merchant portal

The PayNuts merchant portal provides access for managing your payments and gaining valuable insights into your business transactions and cash flow. You can access it from your computer or mobile and have instant visibility of your business finances with real time reporting.

Next day or same day funding

PayNuts offers next business day funding as standard. You can take up the option of same day funding, however an additional cost may be associated with this. This is something you can discuss with the sales team.

24/7 customer support

PayNuts offers 24/7 customer support over the phone.

Integrates with existing POS system

PayNuts EFTPOS machines integrate with over 650+ POS providers.

Online application process

You can get started with PayNuts by completing the online application form. Submit some basic details about your business and what product/s you’re interested in and the PayNuts sales team will get in touch with you. Once the application is complete you can start using PayNuts within 5-7 business days.

Compare other EFTPOS payment terminals

Payment types Machine type Least-cost routing Cost
Zeller TerminalZeller Terminal Visa, Mastercard, EFTPOS, American Express, JCB, Apple Pay, Google Pay Countertop, Portable No $259 to own the terminal with no lock-in contract Go to siteMore Info
Zeller payment terminals accept a large range of payment types including EFTPOS, debit, credit and contactless transactions and can be counter-top based or used as a portable terminal.
Zeller Virtual TerminalZeller Virtual Terminal Portable N/A Go to site
Zeller Tap & PayZeller Tap & Pay American Express, Apple Pay, Google Pay Portable N/A Go to site
PayNuts Pay Nothing EFTPOSPayNuts Pay Nothing EFTPOS Visa, Mastercard, EFTPOS, American Express, AliPay, Apple Pay, Google Pay Countertop, Portable Yes N/A Go to siteMore Info
Special offer: $150 cashback for new PayNuts customers. Must apply and sign up by 30 June 2024. Terms and conditions apply.
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