In an effort to provide robust financial solutions to small businesses, Commonwealth Bank of Australia (CBA) has launched its industry-leading Smart Mini reader with zero upfront costs. This introductory offer aligns with the bank’s sponsorship of the CommBank SmallBiz Week. The Smart Mini portable payments device distinguishes itself in the market with a flat rate fee of 1.1% on all major cards, a deal valid until the 29th of September.
CBA’s latest promotion also includes an existing offer of zero monthly account fees for CommBank Business Transaction Accounts (BTA). As a cherry on top, customers who transact $2,000 worth with their new Smart Mini reader into their CommBank BTA by 31st July will qualify for a $100 cash reward.
Empowering Small Businesses: The Motive Behind the Move
CBA’s Executive General Manager Business Lending and Small Business Banking, Grant Cairns, articulated the vision behind the new promotion at the CommBank SmallBiz Week event at Marvel Stadium in Melbourne. He said, “We’re delighted to launch this $0 Smart Mini reader promotion to coincide with our sponsorship of CommBank Small Biz Week. We know it is a tough environment for many small businesses and that every saving helps with the bottom line.”
Also read: Commonwealth Bank of Australia Empowers Small Businesses
Cairns further emphasised the commitment of the bank towards providing tangible support to the small business sector by removing a number of banking service costs, including their existing $0 monthly account fee option for new CommBank BTAs.
The Advantages of Smart Mini: A Comprehensive Mobile Payment Solution
Karen Last, CBA’s General Manager of Merchant Solutions, shed light on the importance of portable payment solutions for small businesses, citing the Smart Mini’s range of attractive benefits. She stated, “Recent CBA research highlighted the growing usage of payments on the go and the big increase in business start-ups post-Covid – many of which rely on portable payments.”
In addition to offering a highly competitive flat rate transaction fee, the Smart Mini provides anti-fraud technology, nearly real-time transaction insights, and same day settlement on all transactions, provided the device is linked to a CommBank BTA.
To avail of the $0 Smart Mini reader promotion, visit here. For more information visit here.