Electronic funds transfer at point of sale is a type of payment transaction in which electronic funds transfers are processed at a point of sale system or payment terminal usually via payment methods
A debit card, also known as a check card, cheque card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number,
EFTPOS
…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). EFTPOS technology was developed during the 1980s. In Australia and New Zealand, EFTPOS is also the brand name for the…
A Kookmin Bank debit card
Two major card networks of debit card are Visa Debit and Debit Mastercard
Castles Technology payment terminal with BCA Debit Mastercard card inserted