How do EFTPOS terminals work?

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How do EFTPOS terminals work?
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What is EFTPOST Terminals?

• EFTPOS stands for Electronic Funds Transfer at
  Point of Sale and is the backbone of every brick
  and mortar store An EFTPOS machine allows you to
  process online transactions for Debit Cards and
  credit cards, at payment terminals located at
  points of sale.
• A typical EFTPOS machine is a countertop unit,
  however wireless units are becoming increasingly
  popular. Inside is high-tech programming that
  reads card information, encrypts and transmits
  data through telephone lines, authorises
  transfers between banks, and prints out receipts,
  all in just a few seconds.

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EFTPOS terminal goes through the following process
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Benefits of EFTPOS Terminal

• Lower risk of theft - Since EFTPOS payments go
  directly into your account, there will be less
  handling of cash and therefore a lower risk of
  theft.
• Faster transaction speed - EFTPOS payments are
  fast to process.
• Proof of payment - EFTPOS automatically creates a
  record of payment through a receipt, which can
  help avoid disputes.
• Greater Convenience - Some customers may find
  EFTPOS convenient, as they dont need to carry
  large amounts of cash.

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Features of EFTFOS MACHINE
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Get your EFTPOS terminal with SAFE2Pay

• Safe2Pay is 100 Australian based company located
  in Sydney Australia, we are ready to help and
  support all kinds of business through EFTPOS
  machine.
• Our eftpos comes with 50 different POS, and it
  can be customization based on customer
  requirement, it can adapt to various business
  industries like On demand, Small scale business,
  IT business, Manufacturing, Retail, E-commerce
  and many other industries helps them to fast,
  secured and quick transaction. Lets contact with
  Safe2Pay to get details about the solution.

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You can also visit here

• Eftpos machine
• Payment gateway
• Anz eftpos
• Australian payment gateway
• Secure payment services
• Westpac eftpos

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Let's Talk with US