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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).
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 practice was extended to smartphones via Android, as carriers often bundle apps provided by themselves and third-party developers with the device and, furthermore, install them into the System partition, making it so that they cannot be completely removed from the device without performing unsupported modifications to its firmware (such as ...
EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...
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TAP Go is TAP DMV's official over-the-top (OTT) app and browser-based subscription service which allows users to stream Live TV Channels and Video On Demand content over the internet. It contains livestreaming of the company's cable channels and selected live sporting events, restricted to Philippine territory only.
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