As we all come to terms with the growing challenges of the Coronavirus (COVID-19) pandemic, our focus is clear - to support you with your financial needs in any way we can. We know this is an extremely difficult time for many of our merchants and we want you to know that we’re here to help. We’ll get through this together.
Small, medium and HICAPS merchants
For April, May and June, we’ll automatically waive your merchant terminal rental fees and your minimum merchant service fees, if applicable. This means you’ll only pay for the transactions that you process. You should see these changes from your next billing cycle.
Merchants on a monthly package
For April, May and June, we’ll automatically replace your monthly package fee with a per transaction fee. This means you’ll only pay for the transactions that you process. Your per transaction fee will be the same fee that currently applies to transactions over your monthly card turnover. You should see these changes from your next billing cycle.
Looking for COVID-19 support?
For NAB Transact merchants who wish to discuss support options, please submit a request for support online with our specialist team - they'll be in touch.
For HICAPS merchants, please visit HICAPS.com.au/coronavirus to learn about the support available to you.
If you have already had fee relief provided for your merchant facility, this will continue. NAB will monitor the Covid-19 situation as it progresses and may extend the relief package if needed.
Many of our merchants have already started to engage with their customers in different ways. To find out about different ways to take payments, visit payments and merchants.
NAB Corporate and Institutional Clients, please contact your banker to discuss relief support available to you.