the way Australia pays
For more than two decades, consumers and merchants have trusted eftpos as a safe, convenient and efficient method of payment.
Launched in 1988, eftpos introduced a fast, simple and secure payment system which was rapidly embraced by both shoppers and merchants. eftpos revolutionised the way we pay 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 owned and operated by 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 about half of all card transactions in the country.
In 2012, Australian consumers performed more than 2.2 billion eftpos transactions worth almost $135 billion at 504,000 merchants, using over 764,000 eftpos terminals.
Each day Australians make more than 6.2 million eftpos transactions.
Who owns eftpos?
eftpos is wholly owned by its 14 founding Members