EFTPOS definition Economics

The deal will observe Bell ID s tokenization platform being integrated with the Eftpos Hub, a reliable, secure and scalable centralized switch that provides the Australian industry with a cost effective, real-time payments processing platform with the capability to implement new products and services, Bell ID stated.

The charges related to the dishonest use of a patient's cheques and eftpos account.

EFTPOS, The Electronic Fund Transfer Point of Sale, system charts your movements and gives a profile of your lifestyle.

Business and personal financial services executive general manager Mr Glenn Barnes said the new service, the last of Australia's big four banks to go on-line, would have a greater impact than ATMs, Eftpos and telephone banking.

That item should increase again in 1999, say analysts, as the company will be accounting for exceptional revenues from the sale of its Ingenico EFTPOS terminals business to De La Rue Plc of the UK.

with retailers arguing that EFTPoS was cheaper than paper so the banks should cover all equipment and communication costs.

NYSE: PAY) today announced an agreement with ANZ Bank New Zealand Limited (ANZ NZ) to acquire EFTPOS New Zealand Limited (ENZ).

The bank said that the app would allow merchants to process EFTPOS payments using both iPhone and Android smart phones.

In order to develop a flexible, domestic mobile payments capability, including secure tokenisation services, eftpos has entered a new collaboration with Bell ID.

10, 2015 /PRNewswire/ - Australian retail technology specialist, Lokket has teamed up with Eagle Eye Solutions(Asia Pacific) to pioneer mobile engagement solution for Australian retailers by integrating Apple Wallet (formerly Passbook) with Chip & Pin (EMV) known in Australia as Eftpos.

The solution fully complies with the Ministry of Finance and the local Tax authorities' mandates with regards to retail transactions handling, as well as meeting all international card payment industry standards through Mellon's dedicated services to EFTPOS terminal software updates.

Judge Bruce Goetze said Ponnambalam flew from Sydney, where he was living at the time, to Perth three times to prepare and install the customised PIN pads on Eftpos machines in the drive-through sections of the food outlets.

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