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The EFTPOS market is a segment of the bank card industry that enables customers to make payments electronically. It is a payment system that allows customers to make purchases using their debit or credit cards. EFTPOS stands for Electronic Funds Transfer at Point of Sale and is a secure and convenient way for customers to pay for goods and services.
The EFTPOS market is highly competitive, with a range of providers offering different services and features. These providers include banks, payment processors, and independent service providers. Customers can choose from a variety of payment options, such as contactless payments, mobile payments, and online payments.
The EFTPOS market is constantly evolving, with new technologies and services being developed to meet customer needs. This includes the introduction of new payment methods, such as mobile wallets and digital currencies.
Some of the companies in the EFTPOS market include Visa, Mastercard, American Express, PayPal, Apple Pay, and Google Pay. Show Less Read more