AU - Velocity Terms & Conditions

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Velocity Business Till Payments Partner Terms & Conditions:
Velocity has partnered with Till Payments to permit businesses who are members of Velocity Business (Members), and:

  • who take up any Till payment products (Till Customers); or
  • who sign-up customers to Till payment products (Till Partners),

to earn Velocity Points for their business (Velocity Business).


Till Customer Offers
Till Customers are eligible for the following offers:


Sign Up Offer (Till Customers)

a) Till Customers who are not a Till Payments customer as at 15th January 2024 and take up a Till product directly via Till Payments, can earn a sign-up bonus of 50,000 Velocity Points, if they:

i. join Velocity Business or link their existing Velocity Business account to their Till account within 60 days of taking out a product with Till;
ii. sign-up for a 3-year contract with Till Payments for the relevant Till product; and
iii. transact a minimum of $20,000 net (Excluding Amex and Diners) in the first month.

b) If the Member meets the above requirements, the sign-up bonus Velocity Points will be credited to the Member’s Velocity Business account when their merchant billing statement is provided in the following month.

c) Bonus points are only credited once per Velocity Business Member ID.


Ongoing Earn (Till Customers)
a) All new and existing Till Customers who:

i. link their Velocity Business and Till accounts; and

ii. sign up for / are signed up for the Pay nil with Till surcharge offer and associated 1.65% MSF, $10,000/month minimum transaction value and conditions which can be found here,
will, from the date of terminal delivery for in-person products, and from the date of credential delivery for online products, earn 1 Velocity for every $25 transacted When signed up to the Pay nil with Till surcharge offer.

b) The total points awarded is calculated by applying the Velocity Points earn rate to the number of net (excluding Amex and Diners) $AUD transacted through Till products. For example a total of $1000 transacted through Till products would earn 40 Velocity Points. The minimum number of Velocity Points that can be earned is 1. Fractions of Velocity Points will not be allocated.

c) Points will be calculated on the last day of each month and credited to the Member’s Velocity Business account when their merchant billing statement is provided for the month following.



Velocity Points are not exchangeable and cannot be redeemed for cash. Membership Terms and Conditions apply. Personal information will be collected and handled by Velocity in accordance with its Privacy Policy. Till products are issued by Till Payments Pty Ltd (ABN 64 160 726 349) and are subject to Till’s Terms and Conditions (as applicable). Till collects and handles your personal information in accordance with its Privacy Policy. Till Payments is not responsible for the redemption of Points from Velocity - please contact Velocity regarding any queries relating to the redemption of Points. All new Till Customers are subject to approval and AML/KYC checks.

Offer limited to one business per user per Till Payments account. Sign-up Offer cannot be used in conjunction with other sign-up offers. Till Customers and Till Partners can de-link their Velocity Business account or manage their linked accounts at any time via their Till account.


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