EFTPOS


EFTPOS
UK [ˈeftpɒs] / US [ˈeftˌpɑs] noun [uncountable] business
electronic funds transfer at point of sale: a system of paying for goods by moving money by computer from the customer's bank account to the account of the company or person they have bought from

English dictionary. 2014.

Look at other dictionaries:

  • EFTPOS — This article is for the proprietary system. For a generic discussion see Electronic funds transferEFTPOS (short for Electronic Funds Transfer at Point of Sale ) is an Australian and New Zealand electronic processing system for credit cards, debit …   Wikipedia

  • EFTPOS — Acronym for Electronic Funds Transfer at Point of Sale . Payment is transferred usually from a checking account at the point of sale. Bloomberg Financial Dictionary * * * EFTPOS EFTPOS [ˈeftpɒs ǁ pɑːs] noun [uncountable] BANKING Electronic Funds… …   Financial and business terms

  • EFTPOS — /ˈɛftpɒs / (say eftpos) noun Also, EFTPOS system. 1. a system of electronic funds transfer from a customer s account to a merchant s account, operated by the customer by means of a coded plastic card inserted into a special purpose terminal and a …   Australian English dictionary

  • EFTPOS — Electronic Funds Transfer Point Of Sale (Business » General) …   Abbreviations dictionary

  • EFTPOS — Electronic Fund Transfer at Point of Sale …   Acronyms

  • EFTPOS — Electronic Fund Transfer at Point of Sale …   Acronyms von A bis Z

  • EFTPOS —   An acronym for Electronic Funds Transfer at Point Of Sale. Here retail providers of goods and services install telecommunications equipment and clients are issued Smart cards ( for an explanation refer below). When a client wishes to purchase a …   International financial encyclopaedia

  • EFTPOS — [ ɛftpɒz] abbreviation electronic funds transfer at point of sale …   English new terms dictionary

  • EFTPOS — Abbreviation for electronic funds transfer at point of sale …   Accounting dictionary

  • EFTPOS — Abbreviation for electronic funds transfer at point of sale …   Big dictionary of business and management