State of Payment Providers in Australia, Q3 2026

We track 21 payment providers in Australia: 7 with a published price and 14 quoting on request. Every price below comes from the vendor's own pricing page as our records stood on 1 Oct 2026, and this page will not be updated as those prices change.

How many payment providers publish a price?

A provider counts as publishing a price when its pricing page gives enough to estimate a monthly bill without contacting sales. One that shows a headline or starting rate and quotes for the rest is counted as quoting on request. On that test, 33% of this market can be priced without asking.

Each figure above counts every provider that publishes that one number, including any that quote for the rest of their pricing, so the sample behind each figure differs.

What do payment providers cost in Australia?

Estimated monthly bill at each business size in the table, from the same cost engine as our live comparison table. Providers that quote on request are left out; an unknown price is never counted as zero.

Pin Payments publishes a price but has no entry in the table: its published pricing does not cover everything the business sizes here assume, so there is no like-for-like cost to show. The provider count below is lower as a result.

For the largest business size in the table (high-volume merchant), the dearest option with a published price costs 2.1 times the cheapest, $1,002.50 against $488.75 a month.

How we compiled this report

Prices come from vendors' own pricing pages only, never from review sites or directories, and no commercial relationship with a vendor changes a figure here. Definitions, limitations and corrections: how we compile these reports.

Conclusion

Four providers had cut their published rates by 1 October 2026, the day the RBA's surcharge and interchange reforms took effect, and this report, read that day, already carries the cuts. Westpac took its in-person rate from 1.2% to 0.79% and its online rate from 1.4% to 1.25%, and its page says the cut follows the reforms. CommBank Smart moved in-person from 1.10% to 0.99%. NAB moved in-person from 1.15% to 1.05% and online from 1.4% to 1.30%. Stripe lowered its domestic online rate from 1.7% to 1.65%. What each provider said about its cut, and where every published rate sits today, is in who cut merchant fees after the surcharge ban.

At the $20,000 a month of card volume our established merchant profile assumes, those cuts are worth about $82 a month at Westpac, $22 at CommBank Smart, $20 at NAB and $10 at Stripe. The reforms end surcharging on eftpos, Mastercard and Visa and lower the interchange caps, so the card fee now comes out of the merchant's margin. We also fixed four errors in our own records that day; those are corrections, not price changes.

Only seven of the twenty one providers we track publish a rate card complete enough for us to cost. Six more publish a headline rate and quote the rest, and eight publish no flat rate at all, so whatever 1 October did to their prices cannot be seen. Across the rates that are published, in-person runs 0.79% to 1.7%, about $182 a month apart at that volume, and online runs 1.25% to 2.9%, about $330 apart. Prices here move when the rules change, but only the published ones can be seen moving. Two thirds of the market still cannot be fully priced without asking, and now that the fee is the merchant's own money rather than the customer's, that is harder to defend.