NAB
- Head office:
- Melbourne, VIC, Australia
Direct acquirer and the most significant wholesale sponsor among the majors — several other providers board merchants onto NAB.
About NAB
NAB traces its heritage to the National Bank of Australasia in 1858; the present entity was incorporated in 1981 and took the National Australia Bank name after the 1982 merger. It holds A$983.84 billion in total residents’ assets on APRA’s July 2026 statistics.
It acquires directly under its own merchant agreement, selling own-branded NAB EFTPOS terminals with 700+ point-of-sale integrations and same-day settlement, plus NAB Easy Tap for softPOS on Android. What sets it apart is the wholesale side: NAB is independently named as the acquirer in other providers’ own acquirer disclosures — Fat Zebra discloses it is a registered payment facilitator of NAB, and Braintree’s Australian agreement states that on the NAB route the merchant has a direct agreement with NAB.
NAB is also the most active major in account-to-account payments, announcing the acquisition of Pay-by-Bank and orchestration platform Banked on 14 May 2026 to extend A2A checkout, reconciliation and settlement to more of its merchants.
NAB products
Licensed acquirer
Merchant acquiring
NAB holds its own Visa acquiring licence in Australia, so it settles your card transactions directly rather than through another institution’s licence.
Product range
Payment gateways
2 online gateways, and which ones NAB still sells to new merchants.
Acquirer-tied
NAB Gateway
NAB’s current online gateway, and the one it actually sells — a published monthly fee, a per-transaction fee, and integrations with 80 or more business platforms.
Acquirer-tied
NAB Transact
NAB’s older online gateway — still supported, no longer the product NAB puts in front of new merchants.
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Official site: nab.com.au
Compare NAB on cost
A profile tells you who a company is. The comparison tells you what it charges.