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Electronic Funds Transfer at Point Of Sale, abbreviated as EFTPOS (/ ˈ ɛ f (t) p ɒ s /), is the technical term referring to a type of payment transaction where electronic funds transfers (EFT) are processed at a point of sale (POS) system or payment terminal usually via payment methods such as payment cards (debit cards, credit cards or gift cards).
QR code payment is a payment initiated using a QR Code scanned from POS terminal or Digital wallet; Transfers initiated by telephone (Mail Order/Telephone Order) Electronic funds transfer at point of sale (EFTPOS) are transfers resulting from credit or debit card transactions initiated through a payment terminal
Euronet Worldwide is an American provider of global electronic payment services with headquarters in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, currency exchange and other electronic financial services and payments software. [5]
PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
After the acquisition, Ingenico renamed the business Ingenico Payment Services. Ogone managed and secured online payments for card-not-present transactions ( e-commerce , m-commerce , mail/telephone order , batch payments) and provided fraud prevention services.
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In August 2012, Starbucks announced it would use Square to process transactions with customers who pay via debit or credit card. [23] In December 2012, the service introduced virtual gift cards. [24] In May 2013, Block announced that its Square service was available in Japan after agreeing to a partnership with Sumitomo Mitsui Card Corporation.