i

7-Day Settlement

Your sales credited to your ASB account, seven days a week – including public holidays.

Get paid on the spot. So you can get back to business.

Now you can stop chasing payments on every job. With ASB Accept mPOS Lite, you can get paid on the spot.

Receipts can be emailed, meaning less paperwork. And it can log cash payments too. That’s job done.

Find out more

ASB's terms apply.

Benefits at a glance

  • Bank your sales every day into an ASB account
  • Includes weekends and public holidays
  • Maximise cash flow and interest
  • Simpler reconciliation of daily sales

How it works

Sales payments at the end of the day - 365 days a year

Not every bank settles your EFTPOS and credit card transactions every day. ASB customers can rest assured that credits from your EFTPOS and credit card sales are applied to your ASB account every day, including weekends and public holidays.

Some other banks process transactions at midnight on working days. That means they wait until Monday night to process Saturday and Sunday sales, and the business sees the money on Tuesday morning. If Monday is a public holiday, the business waits until Wednesday.

With ASB you receive your sales at the end of the day, 365 days a year, so long as you settle to an ASB account. That can make a big difference when it comes to paying staff and suppliers, especially over holiday periods like Christmas and Easter, meaning you don’t need to worry about planning for public holiday payment blackouts.

When you're with ASB, having your money in your account earlier also earns you more interest. It might not be a lot of money, but it adds up over time – and it’s better in your account than in the bank’s.

Get started today

01. Choose

You can select between a number of our latest EFTPOS terminals.

02. Apply

Apply for an ASB Merchant Services facility.

03. Success

Start banking your sales 365 days a year.

Next steps

Talk to an expert

Our business and rural managers can help you choose the right solution for your business.

Find an expert

Apply online

Apply online for ASB Merchant Service.

Apply online

Call us

Any questions, please call us on.

0800 272 222

ASB Merchant Services criteria and terms apply.

Business Banking7-Day Settlement