NAB Now processes credit and debit card payments on the spot so transactions are cash-free for consumers and sole traders alike.
Businesses can use iPhones or Android devices to download an app and pair it with separate Bluetooth card-readers to securely process sales.
The system accepts Visa, MasterCard and Eftpos card transactions, supports e-mail receipts and has no contract or exit fees.
Businesses will pay a $100 one-off fee for the card-reader and a 2.1 percent payment for each transaction.
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