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Business

Eftpos Terminals A Boon For Businesses Around the World

You would have to wonder how we ever coped before the invention of the Eftpos machine, as it really has transformed the shopping experience. EFT, or electronic funds transfer, is the ideal way to transfer funds, regardless of the location of the provider and the recipient, which is what makes it such a boon for businesses around the world.

 

PR-Inside.com: 2017-06-22 08:05:16
You would have to wonder how we ever coped before the invention of the Eftpos machine, as it really has transformed the shopping experience. EFT, or electronic funds transfer, is the ideal way to transfer funds, regardless of the location of the provider and the recipient, which is what makes it such a boon for businesses around the world.


The Eftpos transaction has the most obvious advantage in that it is so swift, meaning the transfer of money is not delayed in any way. Another factor that is important and worth mentioning is that Eftpos has no risk factor in holding the transactional function. An Eftpos transaction means that a corporate business, multinational firm or large industry can receive direct deposits of all payments to their respective company bank accounts.

Firemane are specialised in bulk purchasing of point of sale equipment, with a wide range of resellers, distributors and end users in more than 15 territories around the globe. They stock equipment from all the established POS brands, as well as many emerging brands, including Verifone, Hypercom (Equinox/Spire), PAX, Keycorp, Nurit, Ingenico, Sagem and Intellect.

EFTPOS stands for Electronic Funds Transfer Point of Sale, and electronic funds transfer point of sale is a device through which sales transactions get debited directly to the customers' bank account right at the point of time of sale. This is usually achieved through the use of a debit card, a card used for automatic teller machines, and other cards. Where electronic funds transfer point of sale comes in handy is when it allows the customer to withdraw cash wherever and whenever necessary, and where the customer has the full right to withdraw cash money along with their purchase of goods and any other products.

At Firemane they buy, sell, refurbish and broker terminal purchases between resellers, distributors and end users around the globe, and their direct relationship with manufacturers and their well-stocked warehouse means they are able to keep costs down. Added to all these advantages is the fact that they have a network of developers that specialise in the development of payment applications, so for more information on their credit card machines please visit the website at www.firemane.com

Press Information
Firemane
690 S Highway 89, Suite 200, Box 14672, Jackson, WY, 83002, USA

Firemane
Info
(307) 392-4877
email
firemane.com/


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