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🔴 Major Outage | 🟠Partial Outage | 🟢 Operational
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EFTPOS stands for Electronic Funds Transfer at Point of Sale.
EFTPOS works by allowing customers to use their debit or credit cards to make payments directly at the point of sale, where funds are electronically transferred from the customer's bank account to the merchant's account.
The benefits of using EFTPOS include faster transaction times, improved cash flow management for businesses, enhanced security for both consumers and merchants, and the convenience of cashless transactions.
Yes, EFTPOS is designed with security features to protect sensitive financial information, including encryption and secure networks to prevent unauthorized access.
Most businesses can implement EFTPOS systems, provided they meet the requirements set by payment processors and financial institutions.
A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.
A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.
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