EFTPOS

English

Pronunciation

• IPA^(key): /ɛftˈpɒs/
• Rhymes: -ɒs

Noun

EFTPOS (uncountable)

1. (banking) Acronym of Electronic Funds Transfer at Point of Sale.

Usage notes

• In most countries, the term is considered jargon and not widely known to the general public. In Australia, it is widely known as the brand name of the most common EFTPOS system.

See also

• EFT