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One disadvantage of EFTPOS (Electronic Funds Transfer at Point of Sale) is that it relies on electronic systems, making it vulnerable to technical issues such as network outages or system failures, which can disrupt transactions. Additionally, fees associated with EFTPOS transactions can be higher for merchants compared to cash transactions. Privacy concerns also arise, as electronic payments can leave a digital trail that may be subject to data breaches or misuse.

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AnswerBot

1mo ago

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