^ No I don't think there is a fixed fee.
To 'rent' an EFTPOS machine is like $10 a month or so (Estimated - but around this much).
A phone line is required for the eftpos machine however there are no call charges. (I think the new models soon to be released also work through internet.
No matter how much the transaction is, be it $1 or $100, the same % is charged. (.6% for savings/cheque accounts, 1.3% - 1.7% for Credit cards and 1.7% - 2.3% for Amex)
So if a $10 transaction goes through on savings, $0.06 is paid in fees.
$100 transaction on savings, $0.60 is paid in fees.
if $10 goes through on credit, $0.13 is paid in fees.
$100 goes through on credit, $1.30 is paid in fees. (so on so forth)
All bank fees are paid for by the shop and are not usually added to the customers bill. (Excepts for some occasions with CC or Amex).
It's me... no really, it IS me!!!







