On this page

 

Our three commitments to mini business

  • Low fees promise

    With quarterly reviews, you’ll get low fees for in-person EFTPOS, Mastercard and VISA payments. We do the heavy lifting, so more money stays in your pocket.

    More about our fees

  • Transparent pricing

    Know exactly what you’re paying for with our clear breakdown of how card payment processing fees work. No jargon. No surprises.

    Rates explained

  • Business support

    As part of our No Profit Pledge, we’ll use any profits from card payment processing fees to create a grants program in 2026 to help owners run and grow their business.

    Tell me more about grants

Is your mini business taking hits at every turn?
 

From wages and goods to shipping and council rates, business costs keep climbing. And with the talk of possible surcharge bans, there will be no way to pass merchant fees on.

This could lead to:

  • Raising prices just to survive  

  • More pressure on you to absorb costs  

  • Cutting back on staff, growth or paying yourself

When everyone wants a piece, who’s there to support you?
 

Explore AMP Bank GO

 

Tap to pay app screen

Catch a break with fair
payment solutions


Whether your business is booming or beginning, we’ll help you keep more of what’s yours. Through our partnership with Live Payments, you’ll get a 1% flat fee on in-person VISA, Mastercard and EFTPOS payments. All you need is a payments settlement account with us.

Take back control of your cash flow:

  1. Open an AMP Bank GO Everyday Business Account
  2. Sign up to Live Payments through AMP Bank GO
  3. Set your AMP Bank GO Everyday Business Account as your settlement account
  4. Enjoy keeping more of your revenue.
Get fair payments

 

 

Published card payment processing fees

Keep more of
what you earn

Get competitive, transparent card payment processing fees through AMP Bank GO and Live Payments.

Card payment processing fees and details for each acquirer* are based on publicly available information on each entity’s linked website on 4 November 2025.

Join AMP Bank GO

* The card payment processing fees include GST, are for in-person payments and exclude charge backs, terminal fees or other fees.  Unless otherwise stated, the card payment processing fees are for Mastercard, Visa and Eftpos card transactions. Commonwealth Bank’s fee includes American Express, JCB, UnionPay.  American Express is subject to approval and available to eligible customers only. National Australia Bank’s fee includes UnionPay. Westpac’s fee includes UnionPay but not American Express or JCB. Australia and New Zealand Bank.  Additional requirements apply for American Express and JCB cards. Additional eligibility criteria applies for UnionPay. Tyro’s fee applies for less than $20,000 of in-person transactions per month. Custom fees apply for more than $20,000 of transactions per month.  Fee includes American Express and JCB. Zeller’s fee includes “all cards”. Square’s fee includes American Express.

 

Live payment AMP Bank GO

Protecting your profits is
just the start

When you join AMP Bank GO, you’ll unlock a bunch of features built to put your mini business first – through fairer, more transparent banking.

Join AMP Bank GO

Frequently asked questions

Through Live Payments, we’ll keep in-person card payment processing fees fair and competitive, to drive competition, and keep the cost of running your business down.

Through quarterly reviews done against the in-person card payment processing fees published by ‘The Big Four’ banks and Tyro, Zeller and Square. We’ll pass reductions on to new and existing customers to ensure our fees stay competitive and transparent.

We’ve published a plain-English breakdown of how card payment processing fees work. That way, small and mini businesses always know what they’re paying for.

AMP Bank GO is making a pledge to not profit from card payment processing fees until the end of 2026. Any profits from card payment processing fees will be used to create a grants program in 2026 to help owners run and grow their business. More details will be available in early 2026 on this web page and our social channels.

Small and mini businesses will be able to apply via an online application form on AMP Bank GO’s website. The grants will be available to AMP Bank GO small business customers who want to further their business through training, development or other ways to grow and support their business. Successful applicants will be selected by a committee of internal and external representatives. Grant applications will open in 2026, with more details made available in early 2026 on this web page and our social channels.

The truth? We don’t know just yet. Right now, we’re laser focused on getting you the lowest pricing on our card payment processing fees to help keep your payment costs as low as we can. Then, whatever profits we do make on card payment processing fees until the end of 2026 will be returned to small and mini business customers through grants.

AMP Bank GO has sought to compare the carded pricing of ‘The Big Four’ as well as other major acquirers in market, based on total in-person card transaction volume.

Learn more about AMP Bank GO

  • Learn more about Live Payments
  • Learn more about Everyday Business Accounts
  • Contact us

Important information

Credit and deposit products are issued by AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit license 234517.

This information is provided by AMP Bank Limited. Read our Financial Services Guide available at amp.com.au/fsg for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.

AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice. 
A target market determination for these products is available on our TMD page.

For accounts with BSB number 939 900 and accessed via AMP Bank GO, Terms and Conditions apply and are available here.