EFTPOS

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Debit card
A debit card is a plastic card which provides an alternative payment method to cash when making purchases. Physically the card is an ISO 7810 card like a credit card; however, its functionality is more similar to writing a check as the funds are withdrawn directly from either the cardholder's bank account (often referred to as a check card), or from the remaining balance on a gift card.
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FOLDOC DictionaryDownload this dictionary
EFTPOS

(c) Copyright 1993 by Denis Howe

MONASH Marketing DictionaryDownload this dictionary
EFTPOS
abbrev. Electronic Funds Transfer at Point of Sale.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

Raynet Business | Marketing DictionaryDownload this dictionary
EFTPOS
an acronym for Electronic Funds Transfer at Point Of Sale; debit card used at the cash desk.

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