NAB
- In-person rate
- 1.15%
- Online rate
- Custom quote
- Monthly fee
- $25/mo
- Terminal cost
- $25/mo rental
- Contract length
- No lock-in (60 days notice)
- Settlement time
- Next business day
- Est. monthly cost
- —
NAB
NAB merchant services including Easy Tap mobile and Smart terminals.
- In-person rate
- 1.15%
- Online rate
- Custom quote
- Monthly fee
- $25/mo
- Contract
- No lock-in (60 days notice)
Best for
NAB business customers and businesses needing mobile-only acceptance.
Pricing breakdown
Every fee we track, grouped by where it applies.
In-person payments
EFTPOS terminal and tap-to-pay transactions.
- Transaction rate
- 1.15%
1.15% flat rate covers all card types. NAB Easy Tap app is 1.4% with no monthly fee.
- Monthly fee
- $25/mo
Terminal rental.
- Terminal cost
- $25/mo rental
- Setup fee
- Free
Online payments
Online checkout and keyed-in card transactions.
- Transaction rate
- Custom quote
- Monthly fee
- $25/mo
Terminal rental.
- Setup fee
- Free
Other fees
- Chargeback fee
- Custom quote
- AMEX rate
- 1.15%
Included in the 1.15% flat rate.
- International card surcharge
- Custom quote
- Early termination fee
- 60 days notice
No lock-in; standard notice period applies.
- Instant payout fee
- Next business day
- Refund fee
- Custom quote
- PCI compliance fee
- Custom quote
Contract terms
- Contract length
- No lock-in (60 days notice)
- Settlement time
- Next business day
- Least-cost routing
- Yes
- Recurring billing
- Yes
Last verified 14 May 2026.
Accepted payment methods
Cards, wallets, and other methods supported by NAB for Australian merchants.
Cards
- Visa
- Mastercard
- EFTPOS
- AMEX
- UnionPay
- JCB
- Diners Club
Digital wallets
- Apple Pay
- Google Pay
- Samsung Pay
Strengths and trade-offs
Pros
- Phone-based Easy Tap for low-volume businesses
- Big Four bank backing
- Integrated banking
Cons
- No public pricing
- Setup process longer than fintech alternatives
About NAB
NAB offers a full suite of merchant payment products from soft-POS Easy Tap (phone-based) through to integrated Smart terminals. Pricing is custom-quoted.
NAB was founded in 1858 and is headquartered in Melbourne, Australia.
How NAB 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 NAB
The same questions Australian merchants ask before signing up.
NAB charges in-person transactions at 1.15% for Australian merchants. Compare these rates against other providers on our payment-providers comparison page.
NAB does not require a lock-in contract for Australian merchants. You can switch providers at any time without an exit fee.
NAB 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.
NAB accepts AMEX in Australia at 1.15%. Some providers price AMEX higher than Visa and Mastercard, so check the comparison before signing on.
Yes. NAB 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.
NAB is best suited to nab business customers and businesses needing mobile-only acceptance. 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 NAB 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 NAB
Compare NAB against every other Australian provider on price, contract terms, and features.