fairfee / compare
CompareTyro is a solid Australian EFTPOS provider — but the model is a rented terminal plus a percentage of every sale, and after October 1 you can't surcharge cards to recover it. fairfee replaces the whole stack with a free QR code.
Terminal rental typically runs $25–40 per month per device, and blended card rates land around 1.4%. For a cafe doing $30,000 a month in card sales, that's roughly $420 in fees plus rental — over $5,000 a year — before the surcharge ban removes your ability to pass it on.
From 1 October 2026, the RBA bans surcharging on eftpos, Mastercard and Visa. Every merchant who used to pass through their Tyro rate absorbs it instead. A PayTo QR code sidesteps the entire change: it's not a card, and the 2% fee is outside the ban.
Terminals drop off networks, run flat, and queue for paper. A QR code doesn't. And when you do need to refund, fairfee refunds settle as fast as the original payment — no waiting for the card scheme's reversal window.
| Side by side | Tyro | fairfee |
|---|---|---|
| In-person rate | ~1.4% blended | $0 (customer pays 2%) |
| Terminal | Rented (~$25–40/mo) | None — free QR |
| You receive on $50 sale | ~$49.30 | $50.00 |
| Surcharge after Oct 1 ban | Banned | 2% — allowed |
| Settlement | Same/next day | Same day — seconds |
| Lock-in | Terminal contracts vary | No lock-in |
Competitor rates as published August 2026 — check their websites for current pricing. fairfee is launching soon; join the waitlist for early access.
Join the waitlist and we'll email you the moment your free account is ready. Early members get priority onboarding.