EFTPOS definition

EFTPOS means electronic funds transfer at the point of sale—a network for facilitating transactions at point of sale
EFTPOS means Electronic Funds Transfer at the Point of Sale and allows you to pay for goods without the need to carry cash, and in some instances to withdraw cash from your account without the need to visit a branch.

Examples of EFTPOS in a sentence

  • We can impose daily withdrawal limits on transactions you carry out at ATM and EFTPOS facilities in Australia or overseas using your Visa Card.

  • He provided statements for both of those accounts (EFTPOS and a credit card) (Exhibit #15: CB36).

  • At reception during business hours via EFTPOS or Credit Card (MasterCard or Visa).

  • We do not guarantee that any merchant will accept your card or allow you to make a purchase through EFTPOS.

  • If your Account can be accessed by a Card, withdrawals may be made from an ATM or via EFTPOS.


More Definitions of EFTPOS

EFTPOS means a point of sale electronic banking facility available at retail or wholesale outlets.
EFTPOS means Electronic Funds Transfer at Point of Sale. eftpos transactions include transactions completed by using the PIN option at a point of sale merchant terminal after selecting either the Cheque or Savings account option or using contactless payment option where the merchant has chosen to route the transaction via the eftpos payment network.
EFTPOS means Electronic Funds Transfer at Point of Sale whereby funds are debited from your nominated Loan Account or 24 Hour Banking Account at the point of sale to pay for goods or services or where funds are withdrawn at your request. For a Contactless Purchase funds will be debited from your Loan Account.
EFTPOS means Electronic Funds Transfer at Point Of Sale whereby funds are debited from your nominated Card Account at the point of sale to pay for goods or services or where funds are withdrawn at your request. For a Contactless Purchase funds will be debited from your Credit Card Account.
EFTPOS means a point of sale electronic payment facility available at retail or wholesale outlets operated by EFTPOS Payments Australia Limited ACN 136 180 366.