If you are starting a business or switching from cash-only, setting up card payments is simpler than you think. This guide walks you through the process from choosing a provider to processing your first transaction.
Step 1: Choose a Payment Provider
You need a merchant services provider to process card payments. Options include banks (NAB, CommBank, Westpac, ANZ), fintechs (Square, Zeller), specialist providers (BuzzPay, Tyro), or PayFacs (BuzzPay, Square). Compare transaction fees, hardware costs, contract terms, and support. For most small businesses, a PayFac like BuzzPay offers the fastest setup and simplest pricing.
Step 2: Select Your Hardware
Choose a terminal type based on your business. For a fixed shop: countertop terminal. For table service: portable terminal. For on-the-go: wireless terminal or mobile card reader. For the lowest cost start: Tap to Phone with your smartphone. BuzzPay’s team on 1300 289 972 can recommend the right hardware for your specific situation.
Step 3: Apply and Get Approved
With a PayFac like BuzzPay, approval is fast — typically within 24 hours. You will need your ABN, business details, and a bank account for settlement. Traditional bank merchant accounts can take one to two weeks for approval.
Step 4: Set Up and Configure
BuzzPay provides guided onboarding — we configure your terminal, set up your POS integration if applicable, and walk you through your first transaction. Most merchants are processing within 24 to 48 hours of approval.
Step 5: Accept Your First Payment
Turn on the terminal, key in the amount (or let your POS send it automatically), and ask the customer to tap, insert, or swipe. The terminal handles the rest — communicating with the bank, processing the approval, and recording the transaction. Funds settle to your account within one to two business days.
Accepting Online Payments
If you sell online, you also need a payment gateway. BuzzPay offers a secure payment gateway that integrates with WooCommerce, Shopify, and other platforms. You can also send payment links via SMS or email for remote invoicing — no website required.
