Business Banking & Finance Business Banking Options

Discussion in 'Starting & Running a Business' started by Diesel1990, 10th Jan, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Diesel1990

    Diesel1990 Active Member

    Joined:
    10th Oct, 2016
    Posts:
    32
    Location:
    Quilpie
    Who are you banking with in your business? We are currently with Westpac and using a Tyro EFTPOS . Anybody tried Tyro banking?
     
    Diesel1990, 10th Jan, 2017
    #1
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,414
    Location:
    Sydney
    I've not used Tyro myself, but I've read pretty good things about them.

    I know a lot of the retailers in this area use the Commonwealth Bank POS machines and seem pretty happy with them.

    Are you looking at POS solutions only or online payment processing as well?
     
    Simon Hampel, 10th Jan, 2017
    #2
  3. Diesel1990

    Diesel1990 Active Member

    Joined:
    10th Oct, 2016
    Posts:
    32
    Location:
    Quilpie
    Tyro is the only reliable pos/EFTPOS in our area, expensive in comparison but it works each and every time. Other EFTPOS machines fail to complete transactions on a regular basis. I was more wondering if people had found a decent fee free business banking account with a quality online portal.
     
    Diesel1990, 10th Jan, 2017
    #3
  4. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

    Joined:
    18th Jun, 2015
    Posts:
    2,025
    Location:
    Brisbane
    We are still stuck with large numbers of cheques each month so our bank fees are ludicrous.
     
    RPI, 12th Jan, 2017
    #4
  5. Diesel1990

    Diesel1990 Active Member

    Joined:
    10th Oct, 2016
    Posts:
    32
    Location:
    Quilpie
    Aus post can bank cheques (and cash) for the big four banks, you just need a bank account with a card attached. As far as I have seen this attracts no fees and still take the normal 3 days.
     
    Diesel1990, 15th Feb, 2017
    #5
  6. Srini Ranganathan

    Srini Ranganathan Active Member

    Joined:
    5th Sep, 2016
    Posts:
    32
    Location:
    Melbourne
    We have been using PayPal Here with an iPad and a 4G sim card. So far so good.
     
    Srini Ranganathan, 16th Feb, 2017
    #6