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Terms and Conditions

Terms and Conditions – PayNuts and Payee Pay Nothing EFTPOS – Up to $600 cashback offer
Offer of up to $600 cashback is available to new PayNuts customers who apply and sign an agreement for the Pay
Nothing EFTPOS plan between 01 May 2025 and 30 June 2025 and subsequently receive approval from PayNuts
in accordance with its standard credit criteria, terms and processes. To receive this offer, you must start processing
payments within 30 days after your application is successfully approved. You will receive the first cashback of $300
after you have been an active merchant with PayNuts and process at least $20,000 in eligible credit or debit card
transactions each month for the first 3 months after your service is activated. You will receive the second cashback
of $300 ($600 cashback in total), if you remain an active merchant with PayNuts and process at least $20,000 in
eligible credit or debit card transactions each month for the fourth, fifth and sixth months after your service is
activated. Payments that have not been successfully settled by the end of each month during the initial 6 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 $20,000 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 cashback of $300 upon 3 months of being an active merchant with
PayNuts and a second cashback of $300 upon 6 months of being an active merchant with PayNuts (total
cashback of up to $600), 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 01/05/24 and 11:59pm
AEDT on 30/06/2025.
3. The offer is only available to customers who meet the following eligibility criteria:
a. you must be a new PayNuts customer;
b. 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;
c. must commence processing payments within 30 days following successful approval of your
application;

d. to receive the first $300 cashback you must process a minimum of $20,000 eligible credit or debit
transactions via the PayNuts merchant facility each month for the first 3 months following activation
of your service (subject to section 6); and
e. to receive the second $300 cashback you must process a minimum of $20,000 in eligible credit
card or debit transactions via the PayNuts merchant facility each month for the fourth, fifth and
sixth month following activation of your service (subject to section 6).
4. Each $300 cashback instalment 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 you meet all eligibility criteria
and offer terms and conditions.
5. This offer is not available to existing PayNuts customers.
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 $20,000 per month minimum transaction
requirement outlined in section 3(c) and 3(d).
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 each cashback instalment has been processed, you will forfeit the relevant
cashback for that period 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 6 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 6 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 $20,000 per month in order to be eligible to receive this offer.
11. This offer is limited to one cashback offer 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 338 767.