Click here

EFTPOS - Electronic Funds Transfer Point of Sale

Short for Electronic Funds Transfer Point of Sale, it means customers pay funds (transfer) from their account to the merchants account electronically while still in the shop (the point of sale). To use EFTPOS you must have a special plastic card that is the "key" to your account and will let you access your money from merchants shops.



Top Terms
  • 1

    private cloud project

    Companies initiate private cloud projects to enable their IT infrastructure to become more capable of quickly adapting to continually evolving...

    Read more »

  • 2

    cloud backup

    A cloud backup (cloud computer backup) refers to backing up data to a remote, cloud-based server. As a form of cloud storage, cloud backup data is...

    Read more »

  • Click Here!

Connect with Webopedia

  • Android Apps for Remote Computer Access

    Remote access is useful when you need to collaborate with co-workers, help a friend with PC problems or grab files from your desktop.

    Read More »

Did You Know? Archive »

  • Quick Reference Archive »