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Electronic funds transfer at point of sale (EFTPOS) are transfers resulting from credit or debit card transactions initiated through a payment terminal; Web/Internet Online Payments (E-commerce payment system) Wire transfer via an international banking network such as Society for Worldwide Interbank Financial Telecommunication (SWIFT) Real-time ...
In Australia, eftpos is the name of a proprietary domestic debit payment system launched in the 1980s, owned by eftpos Payments Australia Limited (ePAL) [2] (now Australian Payments Network) [3] that accepts bankcards or debit cards at POS "point of sale"" terminals, ATMs and most recently, online via eCommerce.
PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
The Express Payment System, more commonly known as the EPS, was the EFTPOS system originally of the ATM cards of Bank of the Philippine Islands and its subsidiaries, BPI Family Savings Bank and BPI Direct Savings Bank. Today [when?], it is the EFTPOS system of the Expressnet interbank network in the Philippines. The system is the most popular ...
A message may enter an ATMC from an ATM, another ATMC or a third party. When receiving a message, the ATMC will examine the message, validate the PIN block if present, and then route the message according to the leading digits of the account number referenced.
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EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...