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Summary

Low-fee Australian payment solutions for small and medium-sized businesses.

PayNuts is an Australian fintech founded in 2020. PayNuts offers low-fee EFTPOS payment options, integrated payment solutions and ecommerce payment options for small and medium-sized businesses. PayNuts can integrate with over 1,000 POS systems.

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PayNuts EFTPOS payment solutions

PayNuts offers four standalone EFTPOS terminals to suit different business setups.

  • PayNuts Pulse. A portable EFTPOS terminal with a built-in printer.
  • PayNuts Prime. An enterprise-grade device aimed at higher-volume operations.
  • PayNuts PayPad. A countertop terminal for fixed point-of-sale environments.
  • PayNuts Pocket. An ultra-portable option suited to mobile merchants and market stalls.

All PayNuts terminals accept all major payment methods, including Visa, Mastercard, Amex, EFTPOS, Union Pay, Apple Pay, Google Pay, and buy-now-pay-later services like Afterpay, Zip Pay, and Klarna.

Pricing models

PayNuts offers two pricing models: Low Fee EFTPOS and Interchange++.

Low Fee EFTPOS is a flat-fee model for all transactions. Interchange++ includes the exact fees charged by banks and payment providers, plus a transparent margin.

Integrated payments

For businesses that need their payment terminal to connect with their existing point-of-sale system, PayNuts offers two integrated solutions.

  • PayNuts Flexi. A compact, portable combo device that handles both EFTPOS and POS in a single unit.
  • PayNuts Counter. A fixed countertop system purpose-built for counter service environments.

With both options you can tailor your POS features based on the needs of your industry or business.

You can purchase the terminal outright, or rent it in a bundle along with your monthly fee.

Online payments

PayNuts provides three ways to accept payments online.

  • Payment Gateway. Accept payments and transactions via your app or website.
  • Payment Links. Generate shareable, secure payment so you can collect payments remotely (such as a tradie issuing an invoice at the end of a job).
  • Hosted Payments Page. A checkout page created for your business that doesn't require any custom development.

There are two pricing models available for each option, including a custom option for larger businesses.

More PayNuts features and benefits

PayNuts offers 24/7 customer support, no lock-in contracts and claims to onboard most businesses in less than 24 hours.

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Alison Finder

Editorial Manager, Money

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