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

  • Payment may be by EFTPOS (debit card only), CASH or a BANK CHEQUE made payable to the City of Sydney.

  • Depending on the retailer, you may also be able to use the card to withdraw cash using the EFTPOS terminal.

  • Acceptable payment methods are EFTPOS (debit card only), cash (up to 10K only), Credit Card (up to 50K only) or a bank cheque made payable to the City of Sydney.

  • Payment Options - Payment of invoices is required in either cash, bank cheque, Visa, MasterCard, Bankcard or EFTPOS only.

  • You can choose to make the EFTPOS transaction from your savings account, cheque account or credit 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nominated Loan Account or 24 Hour Banking Account at the point of sale to pay for goods or services or where funds are withdrawn at your request.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 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funds are debited from your nominated Card Account at the point of sale to pay for goods or services or where funds are withdrawn at your request.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.