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No-Cost EFTPOS is a type of EFTPOS pricing plan that allows businesses to pass on the recurring fees traditionally associated with accepting payment through an EFTPOS terminal to the customer as a small surcharge. As part of No-Cost EFTPOS, this surcharge is automatically added to the total value of a customer’s order at the time of payment. Depending on your EFTPOS provider, this surcharge may also cover additional fees such as your EFTPOS terminal rental fees, account fees and more. The Difference Between No-Cost EFTPOS and Traditional EFTPOS Traditional EFTPOS plans typically involve a variety of initial setup, recurring, and transaction-based fees charged directly to your business. While this will vary between EFTPOS payment providers, these fees will often encompass: A setup fee for initial system installation, integration and configuration Hardware fees Monthly EFTPOS terminal rental fees Monthly account fees Transaction fees for every payment processed via the EFTPOS terminal (this may be a flat fee, a percentage-based fee, a subscription fee or a combination of the three) Refund processing fees Technical support fees In a traditional EFTPOS payment plan, these fees would all be charged to the hospitality business, often as a monthly bill, eating into their potential profits.

At the heart of any retail or hospitality business is its Point of Sale (POS) System, its main hub for transactions, inventory management, accounting, and so much more. But while many previously paper-based processes have been integrated and digitised within your POS system, many more still rely on paper-based POS consumables. Businesses use POS consumables for anything from printing receipts to marking products as on sale in a supermarket or recording a customer’s order for its kitchen staff. These are often vital processes for ensuring the business meets the needs of its customers. What Are POS Consumables? POS Consumables are the regularly used and replaced items consumed during the operation of a POS system. These items are often essential to the functioning of a business’s POS system and generally include items such as receipt paper, label paper, printer ribbons and ink cassettes or rollers. In a broader context, this could include items such as tickets or paper wristbands used as proof of purchase at many events or festivals. They remain essential to how these businesses operate and are involved in the transaction process. Types of POS Consumables While there are a variety of different POS consumables available, the most common