Smartpay

Smartpay provides Electronic Funds Transfer at Point of Sale (EFTPOS) solutions to thousands of businesses across Australia and New Zealand. The company targets businesses of all sizes and types, from small enterprises like restaurants and service shops to larger operations, positioning itself as a more cost-effective alternative to traditional banks.

The core of its business model is the 'Smartpay Zero EFTPOS' offering, which eliminates merchant transaction fees. This model shifts the cost of transactions, allowing businesses to avoid paying fees on card payments. The company supplies all-in-one, reliable EFTPOS machines capable of handling various transaction types, including Mail Order/Telephone Order (MOTO) payments where the card is not physically present.

Revenue is generated through its payment processing services, although the specific mechanism of the zero-fee model is not detailed in the provided text. A key component of its value proposition is comprehensive, locally-based customer support, available 24/7, 365 days a year, staffed by Payment Specialists.

Keywords: EFTPOS, payment solutions, merchant services, point of sale, zero-fee transactions, payment processing, Australian business, New Zealand business, MOTO payments, customer support