Showing posts with label Electronic Funds Transfer at Point of Sale. Show all posts
Showing posts with label Electronic Funds Transfer at Point of Sale. Show all posts

Thursday, July 31, 2014

Is there a minimum for EFTPOS here?

I don’t know about you, but I am getting really tired of the ‘minimum charge’ to use my credit or debit card as a form of payment at all my favourite places. And one day I really got down to thinking… “There’s no way the fees to use EFTPOS require vendors to charge upwards of $10.00AUD per transaction.” EFTPOS stands for Electronic Funds Transfer at Point of Sale, and I suspect it is being used