01. Choose
You can select between a number of our latest EFTPOS terminals.
7-Day Settlement
Your sales credited to your ABC Bank account, seven days a week – including public holidays.
Benefits at a glance
- Bank your sales every day into an ABC Bank account
- Includes weekends and public holidays
- Maximise cash flow and interest
- Simpler reconciliation of daily sales
How it works
Sales payments at the end of the day - 365 days a year
ABC Bank is the only bank that credits your EFTPOS and credit card sales to your ABC Bank account every day, including weekends and public holidays.
Other banks process transactions at midnight on working days. That means they wait until Monday night to process Saturday and Sunday sales, and the business sees the money on Tuesday morning. If Monday is a public holiday, the business waits until Wednesday.
With ABC Bank you receive your sales at the end of the day, 365 days a year, so long as you settle to an ABC Bank account. That can make a big difference when it comes to making payroll and paying suppliers, especially over holiday periods like Christmas and Easter.
Having your money in your account earlier also earns you more interest. It might not be a lot of money, but it adds up over time – and it’s better in your account than in the bank’s.
Holiday payment blackouts
If you’re not with ABC Bank and rely on EFTPOS and credit card sales, you’ll need to plan for cash flow black outs.
If you're with ABC Bank you can rest easy that your sales will be in your account each night, avoiding these unnecessary cash flow black outs.
Christmas
All sales from 10pm Thursday 24 to Tuesday 29 December 2018 paid to your account early on Wednesday 30 December 2018.
New Year
All sales from 10pm New Year’s Eve to Monday 4 January 2019 paid to your account early on Tuesday 5 January 2019.
Easter
All sales from 10pm Thursday 24 to Tuesday 29 March 2019 paid to your account early on Wednesday 30 March 2019.
Get started today
02. Apply
Apply for an ABC Bank Merchant Services facility.
03. Success
Start banking your sales 365 days a year.
ABC Bank Merchant Services criteria and terms apply.
