Credit Card Spending In Australia Exceeds $25,000,000,000 in one month

For the month of November 2021, Australians transacted $25.7 billion in credit card transactions.

This being the highest value of monthly transactions for 19 years.

While during the same month (November 2021), $43.1 billion of debit card transactions were transacted in our economy.

Perhaps we wanted to forget about the pandemic for a short while and focus on Christmas?

For Credit Card Merchants, what fee relief has your bank provided you with as a result of this unprecedented avalanche of transactions?

I would presume no relief at all!!!

#Zero Bank Fee Eftpos Terminals

No time like the present to save $$$$$$

Mark’s Money Saving Tips

* Are you wanting to transfer funds overseas to family members for Christmas?

*Are you needing to pay an overseas payroll?

* Are you wanting to save time and money on International Currency Transfers?

* Move money quickly and securely with no fees!

Therefore would recommend you consider Torfx

CEO Sleep Out 17 June 2021

More than 116,000 people in Australia don’t have a safe and secure place to live, including an increasing number of young people and older women.

Homelessness is a complex issue that cannot be solved with simplistic, short term solutions.

It affects people of all ages and backgrounds who find themselves without a safe and stable place to live; Aboriginal and Torres Strait Islander people as well as recent migrants are disproportionately affected.

To assist with the funding for this “social epidemic” I am “sleeping out” on Thursday 17th June 2021.

IF can spare a $, I would appreciate a donation using the following link:-…/mark-grant/gold-coastThank You in advance for your kindness

CEO Sleepout 2021

More than 116,000 people in Australia don’t have a safe and secure place to live, including an increasing number of young people and older women. How does this make you feel???

Well I can tell you, this makes me sick !!

To make a difference, I am participating in the CEO Sleep Out On 17th June 2021.

If you would like to make a difference, I would appreciate a donation using the following link:-…/mark-grant/gold-coast

Thank you in advance

Every day, Australians make 6 million card transactions, which are handled by more than 760,000 EFTPOS terminals – and it can feel like you have just as many options when it comes to EFTPOS providers.

Point of Sale

Should you go with your bank? Or a new tech company? Or a local payments expert like Smartpay?

It feels overwhelming, but it doesn’t need to be. All you need to do is focus on what’s important to your business

How to work out what EFTPOS features matter to your business

If you’re not clear on what matters to your business, you can look at what others think. When Canstar surveyed Australian retailers about merchant services, they found retailer satisfaction was driven by:-

21% Customer Service,20% Fees/Charges, 20% Speed of Service/Transaction , 15% Reliability,13% Online Reporting, 11% Device Functionality

Why Customer Service Is So Important

Payments are the lifeblood of any business. That’s why merchants rate customer service importance so highly.

When looking at an EFTPOS provider, you might consider:

Do they offer 24/7 support?

Can you call an expert or are you stuck with a chatbot?

Is the customer team based in Australia or overseas?

Smartpay provides an easy plug and play set up with remote software updates to make your life hassle free.

And if you do need help, we’re there for you with 24/7 support.

Call us anytime and a Australian or New Zealand payment expert will answer – and quickly.

Fees and Charges

Almost two out of three Australian merchants believe they could get a better deal on EFTPOS fees by shopping around – but less than one in four will switch their current provider.

Why is that?

Probably because there are so many different fee structures for Merchant Services out there, and this can make comparing options confusing.

All-inclusive monthly plans (like what the banks’ offer) will have you paying for transactions you don’t use, while interchange plus will have you scratching your head with all the different charges for different cards.

Smartpay’s Simple Flat Rate is a straight-forward and transparent option that offers simplified competitive rates, and is easy to compare.

You can instead choose to wipe out all Merchant Fees by passing the costs on to customers with SmartCharge. You might be surprised, but most customers don’t mind paying a surcharge when it’s done right.

If you’re like most businesses, you want to get paid quickly

If you trade during the weekend, check the provider settles weekend trading too, so the money is in your account on Monday.

Also check if a provider verifies you and your business before they set you up. If they don’t verify you properly at sign up, they could withhold your funds later to check details they should have been confirmed earlier.

Future – Proofing your payment solution

Unless you’re a pop-up shop, you probably want an EFTPOS provider who is thinking about the future.

You want to know they will be here for you today with reliable hardware, and there for you tomorrow with smart innovations.

You might ask:

• How simple is this solution to set up?

• How easy is it for my staff to use?

• Who maintains the security software?

• How can I connect to the network? Fixed line, Wi-Fi or mobile?

• How easy is it to upgrade terminals?

• Can we integrate with a POS system like Vend?

• Can we accept Chinese mobile payments like Alipay or WeChat Pay?

Future proof your business with a terminal that works the way you demand.

Smartpay doesn’t just sell EFTPOS solutions, we develop and maintain our own payment hardware and software too. That allows us to focus on the innovations that matter to Australian businesses, like Alipay and WeChat or POS integrations, and make these available sooner. call 0419762478Report this

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Status is onlineMark GrantSelf Employed Consultant at Costless Payment SolutionsPublished • 3s13 articleshashtag#How to chose an EFTPOS SupplierLikeCommentShare

730,000 Australian Children Living Below the Poverty Line

How do you feel when you read that 730,000 Children in our country are living below the poverty line!!!

I cant speak for you, but I can tell you that this makes me sick to the core of my stomach.

These children are our future!!!

They are our Doctors, Dentists, Police Officers and the list goes on.

To raise awareness of this issue (that I am passionate about), I am participating in the CEO Sleep OUT Gold Coast on 17th June 2021.

I would welcome your donation for this cause:-…/mark-grant/gold-coast

Thank You

Australia “Mostly Cashless” By 2024

Due to the covid pandemic, you may have just three years to adapt to a world almost completely without cash, according to new research. 
The study, released by Worldpay, showed Australia would be one of the top five nations leading the charge towards a cashless society, as we (Australians) are adopting digital wallets and buy-now-pay- later services at an exponential rate. 
Less physical currency circulating in the economy, would be detrimental for charities, homeless people and those who use it to track spending? 
The sixth Annual Global Payments Report, which analyses trends in 41 countries, has predicted cash payments would represent just 2% of all in store transactions in Australia within 3 years (down from 15%) making Australia one of the country’s first to prefer other modes of payment rather than cash. Following the lead of Sweden, Denmark and Hong Kong. 
The 34.7 million ATM withdrawals made in December 2020, worth $9 billion, is proof that there is ongoing support for cash. 
So how are you preparing for this change in your Business, Club or Association?