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What does EFTPOS stand for?

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2011-03-07 13:46:21
2011-03-07 13:46:21
What does EFTPOS stand for?Enviromental Feet Tall Postional On top of Statues

If you are wanting to know what EFTPOS stands for it is Electronic Funds Transfer Point Of Sale.

Actually it is Electronic Funds Transfer AT Point Of Sale

James plays with these machines along side cod!

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Some of the dissadvantage of using EFTPOS are Its not practical for small items Both the buyer and the seller have to py charges for using EFTPOS

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EFTPOS can accept credit cards, EPOS only cash

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EFTPOS was introduced through petrol stations in a pilot program in 1985

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New Zealand first started to use EFTPOS was in 1981

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EFTPOS stands for Electronics Funds Transfer at Point of Sale. Its basically a retail till with the ability to accept credit and debit card transactions

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Actually there is no difference. Hahahah!

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Nope, paypal, and paypal only.

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The word EFTPOS is an acronym stands for 'Electronic Funds Transfer Point Of Sale'. An EFTPOS Machine allows a seller to directly debit a customer's bank account by using a debit card or credit card. A debit or credit card is the same as an ATM card. The card is swiped through a magnetic strip reading device on the EFTPOS Machine, and after a customer enters his or her PIN number the transaction is authorised and funds transfer from the customer's account to the seller's account with 24 to 48 hours or 2 business days. EFTPOS Machines can be integrated with other Point of Sales hardware to save users having to enter in the transaction amounts, which could result in user error, allowing for a more automated process. It should be noted that EFTPOS is generally an Australian term and is not widely used in the rest of the world.

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eftpos is like direct debit, youre using your own money that exists in your account where as credit is a payment put through pending you are borrowing it from the bank and it gets approved.

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The magnetic strip holds the information of your card.

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No, you must be legally an adult in order to qualify. But in New Zealand you can. I got mine when I was 8.

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you slide the card in and pick from check savings or credit and either pin number or sign... pretty simple hope it helped :)

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They are refer to as EFTPOS when its integrated in to a till (Electronic Funds Transfer point of sale) or PDQ machines

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Advantages - There is less chance of theft because no cash is required. - It is a simple way of transferring funds. - More secure for transferring large sums of money

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Assuming you meant 'EFTPOS' - it stands for 'Electronic Funds Transfer at Point Of Sale'. In basic terms - it's the process of paying for goods by debit or credit card.

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My understanding is that 'handyway' is an eftpos or banking facility that small businesses use? I noticed it when I purchased from a florist and a few other businesses (Sydney Aust).

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Tesco use ICT in many many ways. -Checkouts -EFTPOS [Electronic Funds Transfer Point Of Sale] -Barcode Scanners -QR Codes Plus More

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stand to is to stand to attention stand to is to stand to attention

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No because when you buy something with a visa card your just borrowing, then the government will send you a letter saying that you will have to pay for the things that you bought so have an eftpos instead(ask parents first).

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