What exactly is the Australian EFTPOS system?

EFTPOS (Electronic Funds Transfer at Point Of Sale) is a technology that makes it possible for retailers to directly receive funds from a customer's bank account via their debit card. EFTPOS is the most frequently used payment system in Australia. According to official figures, the system handles approximately 70% of debit card transactions [...]

Anne Taylor2017-09-07T04:12:40+00:00Published: July 19th, 2015|Tags: , , , |