corporate

eftpos –
The Way Australia Pays

For almost two decades, consumers and merchants have trusted eftpos as a safe, convenient and efficient method of payment.

Launched in 1988, eftpos revolutionised the way we paid for goods and services, and as a result changed the retail landscape forever.

Today, eftpos competes in an ever-changing, dynamic environment against a number of payment systems.

eftpos is ‘the way Australia pays’ – it is owned by Australians and benefits Australians and is an essential and valuable part of the fabric of everyday Australian life.

It is Australia’s most widely used electronic payments system, accounting for more than half of all card transactions.

For the 12 months to June 2011, Australian consumers performed over 2 billion eftpos transactions worth $128 billion at 389,000 merchants using 734,000 terminals.

Each day Australians make an average 5.6 million eftpos transactions worth $356 million.