eftpos is a safe and convenient debit payment option.
By encouraging your customers to press CHQ or SAV, you will be offering them a safe and convenient way to access their money, with the added benefit of allowing your customers to take cash-out at point of purchase, reducing your cash on hand.
eftpos is low risk
Accepting purchases on eftpos reduces the amount of cash you need to hold in your till, and your exposure to theft, mishandling and misappropriation. Speak to your bank about how you can offer eftpos to your customers.
Since eftpos was first introduced in the mid-1980s, eftpos has provided your customers peace of mind with PIN security. eftpos Members are now beginning roll out eftpos-only cards with eftpos Tap & Pay™ functionality for extra simplicity and speed at the checkout, and greater security with an EMV Chip.
eftpos also makes it easier to close at the end of the day because there is an electronic receipt trail.
Australia’s most widely used debit card payments system
In 2016/17 Australians made more than 2 billion eftpos transactions, worth more than $130 billion. This is equivalent to an average of more than 5.4 million eftpos CHQ and SAV transactions a day at more than 900,000 terminals.
Transforming for the future
As Australians change the way they shop and pay, eftpos is evolving its technology to meet their needs. As such, we are committed to the development of new eftpos payment products on new technology platforms such as eftpos Tap & Pay, Online and Mobile.