What is the full meaning of EFATPOS?

Answer 1

First of all, it is EFTPOS or EFTAPOS, not EFATPOS. This is what it stands for:

E= electronic E= electronic

F= funds F= funds

T= transfer at T= transfer

P= point A= at

O= of P= point

S= sale O= of

S= sale

Either one works, they mean the same thing.