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What is EFTPOS?

If you have a brick and mortar business, getting an EFTPOS machine is a must given the convenience it provides. EFTPOS is an acronym for Electronic Funds Transfer at Point Of Sale. It is an electronic payment method that you can use for completing your purchases. You can benefit from an EFTPOS machine if your customers use Debit Card, Credit Card or an EFTPOS card to buy from your store. That’s all well and good, but if you really want to know what goes on between the user tapping their card and you receiving funds read this quick article we’ve put together for you.

Learn more

What are the benefits?

  • Customers Tap & You Save
  • Faster Than Cash
  • Easy Set Up
  • Customised solutions
  • No Obligation or high pressure sales
  • Best Solution at a great price

What is EFTPOS?

If you have a brick and mortar business, getting an EFTPOS machine is a must given the convenience it provides. EFTPOS is an acronym for Electronic Funds Transfer at Point Of Sale. It is an electronic payment method that you can use for completing your purchases. You can benefit from an EFTPOS machine if your customers use Debit Card, Credit Card or an EFTPOS card to buy from your store. That’s all well and good, but if you really want to know what goes on between the user tapping their card and you receiving funds read this quick article we’ve put together for you.

Learn more

What are the benefits?

  • Customers Tap & You Save
  • Faster Than Cash
  • Easy Set Up
  • Customised solutions
  • No Obligation or high pressure sales
  • Best Solution at a great price

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Learn More About EFTPOS Machines

Key Benefits You Will Love:

Flexible payment methods

Accept a range of cards, smartphone enabled tap payment and more

Multiple connection options

Fixed, mobile, on the go your business is as unique as you and your customers, connect how you need to do accept payment fast and conveniently.

Cutting edge security

Compliant with the latest software and are certified by the Australian Payments Clearing Association. The hardware and software is developed to strict security standards to keep credit card data safe before it even leaves the terminal.

POS Intergration

Instant POS/PMS intergration with 200+ POS solutions, no need to change your computer systems.

No hidden fees or charges

What you see is what you get, no hidden fees or charges, all out in the open so you know where you and your customers stand.

Fast settlement

Cashflow is king, eftpos with fast settlement on funds will help keep the wheels turning in your business.

Frequently Asked Questions

EFTPOS is today’s Australia’s most used debit card payment system. It stands for Electronic funds transfer at point of sale. It allows consumers to pay for purchased electronically at the point of sale, and take cash-out.

According to the official EFTPOS website, there were more than 1.8 billion EFTPOS transactions performed by Australian consumers. That is equivalent to more than $115 billion at more than 90,000 EFTPOS enabled terminals.

Making EFTPOS available provides your customers the choice to access their own money through a safe, convenient and efficient Australian-owned debit payment option.

Accepting purchases on EFTPOS reduces the amount of cash you need to hold in your till and enables you to provide cashout for your customers, reducing exposure to theft, mishandling and misappropriation.

EFTPOS is extremely safe, having the lowest card fraud rates in Australia.

Eftpos does not charge you, as a merchant, directly for transactions. Please speak with your bank or service provider about the merchant service fees charged on eftpos transactions. Your bank or service provider may charge you a merchant service fee, which could include a fee for the rental of your terminal.

Don’t worry, they can still pay with eftpos using almost any debit card issued by an Australian bank, regardless of which logo it has on it. All your customer has to do is press CHQ or SAV and they will be paying by eftpos.
Also, any prepaid card or gift card with an eftpos logo will mean the transaction is an eftpos transaction.

No. Unlike in a number of other countries, Australians are fortunate in that almost all electronic transactions, including eftpos, can be processed through a single terminal.

As Australians change the way they shop and pay, eftpos is evolving its technology to meet their needs. New eftpos payment products on new technology platforms such as eftpos Online and Mobile are the way of the future.