EFTPOS

/ ˈɛftpɒs /

acronym for

1. electronic funds transfer at point of sale

Example Sentences

The RBA says debit card payments, Australia’s most frequently used method, processed through Visa or Mastercard cost retailers more than twice as much as using EFTPOS.

From Reuters

Ticketek will be in contact with people who bought tickets with cash or using eftpos to arrange refunds.

From The Guardian