Bendigo Bank
- In-person rate
- 1.4%
- Online rate
- Custom quote
- Monthly fee
- From $19/mo
- Terminal cost
- From $19/mo rental
- Contract length
- No lock-in
- Settlement time
- Next business day
- Est. monthly cost
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Bendigo Bank
Community-focused Australian bank offering EFTPOS terminals to business customers.
- In-person rate
- 1.4%
- Online rate
- Custom quote
- Monthly fee
- From $19/mo
- Contract
- No lock-in
Best for
Bendigo Bank business customers wanting integrated banking and EFTPOS from a community-focused bank.
Pricing breakdown
Every fee we track, grouped by where it applies.
In-person payments
EFTPOS terminal and tap-to-pay transactions.
- Transaction rate
- 1.4%
Powered by Tyro. 1.4% flat rate. Custom pricing for volumes over $20K/month.
- Monthly fee
- From $19/mo
Terminal rental.
- Terminal cost
- From $19/mo rental
- Setup fee
- Free
Online payments
Online checkout and keyed-in card transactions.
- Transaction rate
- Custom quote
- Monthly fee
- From $19/mo
Terminal rental.
- Setup fee
- Free
Other fees
- Chargeback fee
- Custom quote
- AMEX rate
- 1.4%
Included in the 1.4% flat rate.
- International card surcharge
- Custom quote
- Early termination fee
- None
No lock-in contract.
- Instant payout fee
- Next business day
- Refund fee
- Custom quote
- PCI compliance fee
- Custom quote
Contract terms
- Contract length
- No lock-in
- Settlement time
- Next business day
Next business day to a Bendigo Bank account.
- Least-cost routing
- Yes
- Recurring billing
- Yes
Last verified 14 May 2026.
Accepted payment methods
Cards, wallets, and other methods supported by Bendigo Bank for Australian merchants.
Cards
- Visa
- Mastercard
- EFTPOS
- AMEX
- UnionPay
- JCB
- Diners Club
Digital wallets
- Apple Pay
- Google Pay
- Samsung Pay
Other
- Alipay
- WeChat Pay
Strengths and trade-offs
Pros
- Australian community bank
- Integrated banking and merchant services
- Local branch support
Cons
- No public pricing, quote only
- Smaller terminal ecosystem than the Big Four
About Bendigo Bank
Bendigo Bank is a Victorian community bank offering merchant terminals and online payments to Australian businesses. Pricing is custom-quoted via the bank's business banking team.
Bendigo Bank was founded in 1858 and is headquartered in Bendigo, Australia.
How Bendigo Bank compares
Side-by-side with the closest alternatives by estimated monthly cost.
Zeller
$633/mo est.
- In-person rate
- 1.4%
- Online rate
- 1.7% + $0.25
- Monthly fee
- Free
- Terminal cost
- From $99
- Contract length
- No lock-in
- Settlement time
- Next business day
- Est. monthly cost
- $633/mo
Stripe
$723/mo est.
- In-person rate
- 1.7% + $0.30
- Online rate
- 1.7% + $0.30
- Monthly fee
- Free
- Terminal cost
- Hardware quoted
- Contract length
- No lock-in
- Settlement time
- Standard payouts
- Est. monthly cost
- $723/mo
Square
$757/mo est.
- In-person rate
- 1.6%
- Online rate
- 2.2%
- Monthly fee
- Free
- Terminal cost
- $65
- Contract length
- No lock-in
- Settlement time
- Next day
- Est. monthly cost
- $757/mo
Common questions about Bendigo Bank
The same questions Australian merchants ask before signing up.
Bendigo Bank charges in-person transactions at 1.4% for Australian merchants. Compare these rates against other providers on our payment-providers comparison page.
Bendigo Bank does not require a lock-in contract for Australian merchants. You can switch providers at any time without an exit fee.
Bendigo Bank settles funds on a next business day schedule for Australian merchants. Settlement timing can be a deciding factor for cash flow, see how it compares on our payment-providers comparison page.
Bendigo Bank accepts AMEX in Australia at 1.4%. Some providers price AMEX higher than Visa and Mastercard, so check the comparison before signing on.
Yes. Bendigo Bank offers least-cost routing in Australia, which can lower the cost of contactless debit transactions by routing them through the cheaper EFTPOS network. This is a real saving for busy retail and hospitality merchants.
Bendigo Bank is best suited to bendigo bank business customers wanting integrated banking and eftpos from a community-focused bank. To see how it stacks up for your specific volume and card mix, try our free fee calculator.
We may earn a commission when you click through to Bendigo Bank and sign up, where a commercial arrangement is in place. This never affects ranking, the data we publish, or the comparisons we make on this page. Read our terms for the full picture.
Compare Bendigo Bank
Compare Bendigo Bank against every other Australian provider on price, contract terms, and features.