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EFTPOS

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
EFTPOS
Acronynm for Electronic Funds Transfer at Point of Sale. Payment is transferred usually from a checking account at the point of sale.


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An electronic system is to be devised by 2008 to enable patients to swipe their Medicare and EFTPOS cards at their GP surgery and receive their rebate directly into their account 24 hours later.
The protectserver orange eft is a hardware based provider of cryptographic services especially designed for the security needs of ATM and EFTPOS systems.
In addition, all of its ATMs had been migrated to the EMV standard as well as 88 per cent of its EFTPOS terminals.
 
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