Online Banking Flashcards by May Z.G | Brainscape

Q

What is EFT?

A

Electronic Funds Transfer

Money transferred from customers to sellers account

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Q

What is EPOS?

A

Electronic Point of Sale

Till, barcode scanner, CASH ONLY

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Q

What is EFTPOS?

A

Till, barcode scanner, CASH and CARD accepted therefore has a chip reader

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