electronic funds transfer at point of sale: a system of paying for goods by moving money by computer from the customer’s bank account to the account of the company or person they have bought from
Synonyms and related words
General words relating to banking
a/c
APR
a run on something
EFTPOS
noun uncountable business
US /ˈeftˌpɑs/
DEFINITIONS1
1
electronic funds transfer at point of sale: a system of paying for goods by moving money by computer from the customer’s bank account to the account of the company or person they have bought from