EOFY Terms and Conditions –

Offer of $150 cashback is available to new PayNuts customers who apply and sign an agreement for the Pay Nothing EFTPOS plan between 13 May 2024 and 30 June 2024, and subsequently receive approval from PayNuts in accordance with its standard credit criteria, terms and processes. To receive this offer you must then commence processing payments within 30 days following successful approval of your application, and process a minimum of $10,000 in eligible credit or debit card transactions via the PayNuts merchant facility each month for the first 3 months following activation of your service. Payments that have not been successfully settled by the end of each month during the initial 3 months of your plan, together with any Invalid Transactions or Unacceptable Transactions (as defined in your Merchant Agreement) that occur during this period, do not count towards the $10,000 per month minimum transaction requirement.

If you are approved for a Pay Nothing EFTPOS plan, PayNuts will be your service provider for your payment services and will handle all technical enquiries, complaints and services. The provision of your Paynuts services will be subject to your Merchant Agreement with PayNuts, together with all other PayNuts policies relevant to your services, as agreed to by you at the time of your application or made available on the Paynuts website from time to time.

The offer is subject to the full terms and conditions and eligibility criteria below:

1. The offer entitles eligible customers to a once off cashback of $150, provided you satisfy all eligibility criteria and other offer terms and conditions set out below.
2. To be eligible for this offer, you must apply for a Pay Nothing EFTPOS plan between 13/05/24 and 11:59pm AEDT on 30/06/2024.
3. The offer is only available to customers who meet the following eligibility criteria:
   1. you must be a new PayNuts customer;
   2. following submission of your application, you must be approved by PayNuts for the Paynuts Pay Nothing EFTPOS plan in accordance with its standard credit criteria, terms and processes;
   3. you must commence processing payments within 30 days following successful approval of your application; and
   4. you must process a minimum of $10,000 in eligible credit card or debit transactions via the PayNuts merchant facility each month for the first 3 months following activation of your service (subject to section 6).
4. The $150 cashback will be a once off payment processed via EFT to your bank account linked to your PayNuts services. Payment will be made no later than 4 months after your application has been approved, provided that you meet all eligibility criteria and offer terms and conditions.
5. This offer is not available to existing PayNuts customers or any customers who have previously held a PayNuts account.
6. Payments that have not been successfully settled by the end of each calendar month, together with any Invalid Transactions or Unacceptable Transactions (as defined in your Merchant Agreement) that occur during this period, are not eligible and cannot count towards the $10,000 per month minimum transaction requirement outlined in section 3(c).
7. All applications for PayNuts Pay Nothing EFTPOS plans are subject to PayNuts approval based on its standard credit criteria, terms and processes.
8. If you cancel your Paynuts account, or change to another PayNuts plan (besides the Pay Nothing EFTPOS plan), at any time before the cashback has been processed, you will forfeit the cashback in entirety.
9. PayNuts (or its acquirer) has the right to terminate your service at any time in accordance with your Merchant Agreement. If this occurs prior to the end of the initial 3 months of your PayNuts Pay Nothing EFTPOS plan, you will not be eligible to receive the cashback under this offer.
10. If PayNuts (or its acquirer) exercises a right to suspend your service for cause under the terms of your Merchant Agreement during the initial 3 months of your PayNuts Pay Nothing EFTPOS plan and your service is subsequently reactivated, this period of suspension will not alter or reduce your obligation to process a minimum of $10,000 per month in order to be eligible to receive this offer.
11. This offer is limited to one cashback per eligible customer. The offer is not transferrable or exchangeable for services.
12. PayNuts is not responsible for any tax liability that may be incurred by you in connection with the cashback amount.
13. If you sign up, PayNuts will be your service provider for your payment services and will handle all technical enquiries, complaints and services. Your PayNuts Pay Nothing EFTPOS plan is provided in accordance with the terms of your Merchant Agreement with PayNuts, together with all other PayNuts policies relevant to your services, as agreed to by you at the time of your application or made available on the PayNuts website from time to time.
14. Paynuts reserves the right to withdraw, vary or substitute this offer at any time.

If you have any questions about how this offer may apply to you, please contact us on 1800 733 368.