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Definitions from the Web

EFTPOS

Definition

EFTPOS stands for Electronic Funds Transfer at Point of Sale. It is a system that allows electronic payment transactions, such as debit or credit card payments, to be made at the point of sale in retail stores and other businesses.

Senses

Sense 1: Noun (Popular)

A device or system used for electronic funds transfer at the point of sale.

Example sentence: John used the EFTPOS machine to pay for his groceries.

Sense 2: Noun (Local)

A specific type of electronic funds transfer system used in Australia and New Zealand.

Example sentence: In Australia, EFTPOS is a common way of making payments at stores.

Sense 3: Verb (Popular)

The act of performing an electronic funds transfer at the point of sale.

Example sentence: Make sure to EFTPOS the payment for your order when you pick it up.