CommBank Smart

Name: CommBank Smart (In-person payments)
Brand: CommBank Smart
Rating: 2.1 (480 reviews)

Rented terminal

In-person payments

2.1(480 reviews · ProductReview)

$425/mo

est. at typical volume

The major-bank option: interchange-linked pricing that benefits from the Oct 2026 cap cut, with same-day settlement to a CommBank account.

Best for: CommBank business customers wanting same-day settlement to their own account.

Pricing & fees

Card rate1.1% inc-GST

Monthly feeTerminal from $0 (eligibility based)

AmexVaries

Setup fee$0

Hardware from$0

Chargeback fee$25

International cardsVaries

SettlementSame day (to CommBank account)

ContractTerminal rented; same-day settlement requires a CommBank account.

Least-cost routingYes

Pros & cons

Low interchange-linked rate (~1.1% inc)

Same-day settlement (own account)

Benefits from Oct 2026 cap cut

Smart terminal + POS

Chargeback fee applies

Rented terminal / notice period

Compare with alternatives

Square

Cafes, retail and pop-ups that want an all-in-one till, hardware and a quick online store with no lock-in.

$618/mo

Zeller

Australian SMEs wanting a single flat rate, free business account and no monthly fees.

$541/mo

Tyro

Hospitality and retail wanting deep POS integrations and least-cost routing.

$563/mo

NAB

NAB business customers wanting bank-grade EFTPOS with interchange-linked pricing.

$467/mo

Westpac

Westpac business customers wanting EFTPOS Flex with sector-tuned plans.

$486/mo

Compare CommBank Smart head-to-head

CommBank Smart vs Square

All in-person providers Compare my rate

Compayr may earn a referral fee when a merchant switches via our links. This never affects rankings, which are based purely on lowest total monthly cost. Quote-only providers are never ranked as cheapest while a complete-cost option exists. Rates last verified 2026-07-19. Confirm current pricing with CommBank Smart.