Westpac Australia

Westpac Australia provides EFTPOS acquiring, phone payment acceptance, online payments and billing for Australian businesses. It is a bank, and the client type is businesses.

Services

The listed services start with EFTPOS acquiring and the EFTPOS Air terminal, and also cover payments taken by phone, online payment acceptance and billing. A shop with a counter terminal, a mobile trader and an online seller can therefore find a matching product within one bank. The bank also states a cut-off time for terminal closure in Sydney time, which determines whether takings are settled the same day, so merchants who rely on fast access to funds should check it.

Terms by entity and market

Eligible countries of incorporation, account types, currencies, fees and settlement times are described separately for each legal entity and market. The conditions for Australia therefore need to be confirmed with the bank for the chosen product, and they should not be assumed to apply to its other markets, such as New Zealand, where a separate entity operates.

Who it suits

The offering suits Australian retailers, service businesses and online sellers that want to accept cards and bill customers through a single bank. Terminal fees, merchant service fees and settlement times are not given in the published description, so a merchant should compare them with the bank before choosing a product.