A Transaction Account Built for Business

A business transaction account is a transaction account traditionally offered by incumbent banks. These business bank accounts don’t always align with the needs of modern business owners. High fees, excessive paperwork, and long application processes can sap your energy, turning what should be a basic task into a drawn-out process. These are just a handful of reasons why Australian Businesses aren’t satisfied with the Big 4 banks.

In recent years, digital banks and neobanks have introduced similar offerings — reducing red tape and simplifying the sign-up process for time-poor merchants.

Features of the Best Business Transaction Accounts

Business transaction accounts offer a single place to accept settlements and make payments, while keeping your business and personal finances separate. Different banks and alternative providers offer additional features and services, on top of the base offering, which usually come with extra costs.

With Zeller’s free Business Transaction Account, you'll find it easier to:

• track your business’s income
• monitor business expenses
• separate business finances from your personal finances
• complete tax and other reporting paperwork

Discover Our No Fee Transaction Account

Zeller is a modern financial solution with the needs of business owners just like you in mind.

When you sign up for Zeller, you receive a free business transaction account as well as a Zeller Mastercard — no trip to the bank or waiting in a phone queue necessary.

When you use the entire Zeller solution, you have all the tools to help grow your business.

Faster access to your funds

Funds accepted via your Zeller eftpos machine are settled into your Zeller Transaction Account nightly, meaning you put your money to work faster. Payments processed before 9 PM will be available to spend by 1 AM the next day. It’s the fastest way to access your takings.

You also have the flexibility to sweep funds to any existing bank account.

Less fees, more value

There are a few ways banks typically make money from business transaction accounts, including monthly account-keeping fees. Zeller Transaction Account, on the other hand, comes with no monthly fees or hidden charges. There are also no lock-in contracts. The best no fee transaction account in Australia.

Banks also tend to place a cap on the number of transactions that can be processed every month, before additional processing fees are charged. Zeller Transaction Account does not have any such limit. It’s just one way we keep more money in your pocket.

Complete financial oversight

Transaction accounts make it easy to accept settlements and send payments. By using Zeller Transaction Account as your business account, you’ll be able to get the whole picture of your cash flow. Zeller Dashboard gives you real-time visibility over your daily takings, enabling you to identify trends and make smarter business decisions — from staffing, to marketing, and beyond.

You can even set up separate Zeller Transaction Accounts to easily track and manage business spending.

Better business relationships

Zeller Contact Directory is a free customer management tool built right into your Zeller Transaction Account. Use it to start building real relationships with your customers and suppliers.

Track every payment, transaction or account transfer with a specific contact, in one location. Plus, rich details and information about the business you’ve spent with using your Mastercard is available from right within the dashboard.

Open a New Zeller Business Transaction Account in 5 Minutes

Zeller is the leading EFTPOS payment provider, built to help Australian business grow. With a fee-free Zeller Transansaction Account, your business has all the tools at its disposal to get a better handle of cash flow. Spend less on fees, and more on growing your business.

Sign up for your free Zeller Transaction Account today and buy our eftpos machines.