eftpos

E e

Transcription

- US Pronunciation
- US IPA

- US Pronunciation
- US IPA

Definitions of eftpos word

abbreviation Technical meaning of EFTPOS Electronic Funds Transfer Point of Sale 3
noun Definition of eftpos in Technology (business, real-time) A method of electronic payment which allows money to be transferred from the account of the shopper to the merchant in close-to real-time. Generally the shopper will give the merchant a credit or debit card, which will be swiped to obtain the account information. The shopper will then be required to either sign a receipt or enter a PIN via a keypad to authorise the transaction. 1
noun acronym eftpos electronic funds transfer at point of sale 0
abbreviation EFTPOS EFTPOS is a system for deducting the cost of a purchase direct from the customer's bank, building-society, or credit-card account by means of a computer link using the telephone network. 0

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Information block about the term

Parts of speech for Eftpos

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

Full grammatical hierarchy of Eftpos

eftpos popularity

This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.

According to our data about 50% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

eftpos usage trend in Literature

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