When did eftpos start in Australia?

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2026-05-21 14:10

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EFTPOS (Electronic Funds Transfer at Point of Sale) was introduced in Australia in 1984. The system was developed to facilitate electronic payments at retail locations, allowing customers to use their bank cards for transactions at the point of sale. It gained widespread adoption throughout the late 1980s and into the 1990s, becoming a standard method of payment in Australia.

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