MerchantRates — Australia's Merchant Fee Comparison

RBA Confirmed: Card surcharges will be banned from 1 October 2026 — check you're on the right rate →

Australia's independent comparison platform

Stop paying
too much for
card payments.

We compare 20+ payment providers to find you a lower merchant rate. Free, independent, and we cover any switching costs.

Get my free rate comparison See live rates
20+ Providers compared
$4,800 Avg. annual saving
$0 Switching fees
Card payment at terminal
Best rate found
MerchantRates Partner 0.89%
vs your current 1.5%
Saving $852/month estimated
Fully independent
No setup or exit fees
We cover switching costs
RBA 2026 compliant
$100 guarantee
Contactless card payment in Australian café
Every card tap is a cost.
Make sure yours is as low as it can be.
Compare my rate free
How it works
Simple. Fast. Free.

No documents, no lock-in. We do the searching — you just save.

01
Tell us your current rate
60 seconds. Just your current merchant fee percentage and monthly card turnover.
02
We search 20+ providers
Our specialists find the best deal for your industry, volume and terminal setup.
03
We present your options
You choose. We handle switching, paperwork and setup at no cost to you.
04
Save — or we pay you
If we can't beat your current rate, we pay you $100. That's our guarantee.
Live rate comparison
What are businesses actually paying?

Indicative rates across major Australian providers. Your rate depends on industry and volume.

Provider Indicative rate Setup fee Contract term Best for
MerchantRates PartnerBest rate From 0.89% None Month to month All industries
Major Bank TerminalCommon 1.40 – 1.80% $250 – $495 24 – 36 months Large retail
Square 1.60 – 1.90% None None Low volume
Tyro 1.40 – 1.75% $99 – $299 12 months Hospitality
Zeller 1.40 – 1.70% None None SMB retail
Commonwealth Bank 1.50 – 2.20% $295 – $595 24 months Existing CBA clients

Rates are indicative and subject to change. Your actual rate depends on industry, card mix and transaction volume. Get a personalised comparison below.

EFTPOS terminal on business counter
Why MerchantRates
On your side. Always.

We're not a bank, not a terminal provider, and not paid by any one network. Our only job is getting you a better rate.

Truly independent
No preferred partners. We compare all providers equally — the best rate wins, every time.
No lock-in commitments
We only recommend month-to-month providers. Your business stays flexible.
We manage the switch
Paperwork, provider liaison, switching costs — all handled by our team at zero cost to you.
Ongoing rate monitoring
We watch market rates continuously and alert you when a better deal becomes available.
Industries we serve
Built for every Australian business

Payment needs vary by industry. We specialise in matching the right rate to your business type.

Hospitality
Retail
Trades
Medical
Professional Services
Automotive
Health & Wellness
Real Estate
Our guarantee
Can't beat your rate?
We'll pay you $100.

We compare 20+ Australian payment providers. If we can't find you a better deal, we'll pay you $100 on the spot. No conditions, no paperwork.

Claim my free comparison
Business owner reviewing rates
Free comparison
Ready to pay less?

Tell us about your business and we'll find you a lower merchant rate — or pay you $100 for your time.

No cost to you. We're paid by providers only if we place you — never by the business.
Response within 2 hours. A specialist will be in touch same business day.
No obligation. Compare your options on your own terms. No pressure.
Same terminal, same setup. Nothing changes except the rate you pay.

Supported by Australian Merchant Payment Advisory (AMPA) — helping Australian businesses navigate the 2026 RBA surcharge changes.

Get your free rate comparison
A specialist will be in touch within 2 business hours.

No obligation. Your data is never shared with third parties. By submitting you agree to be contacted by a MerchantRates specialist.

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A specialist will be in touch within 2 business hours with your personalised rate comparison. Check your inbox — including your spam folder.