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

  • Moreover, the Cardholder is informed of every transaction by means of receipts printed by ATMs and EFT/POS terminals as the case may be.

  • You will need a PIN if you wish to use your Card for ATM and most EFTPOS (provided the terminal is chip compliant) Transactions.

  • Cash and EFTPOS payments can be processed at the Finance Window (located in the back of the Executive Services building), on Monday, Wednesday and Friday mornings, 8am-11am.

  • You will need a PIN if you wish to use your Card for ATM, Contactless Purchases over NZ$80 and most other EFTPOS (provided the terminal is chip compliant) Transactions.

  • All payments must be made by Bank Transfer, EFTPOS or VI/MC Card.


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nominated Loan Account or 24 Hour Banking Account at the point of sale to pay for goods or services or where funds are withdrawn at your request.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 a point of sale electronic payment facility available at retail or wholesale outlets operated by EFTPOS Payments Australia Limited ACN 136 180 366.
EFTPOS means electronic funds transfer at point of sale for debit and credit card operations processed through a terminal.