Draft of a joint initiative drawn up by Sainsbury's and Tesco with regard to EFT [Electronic Funds Transfer].
EFTPOS (Electronic Funds Transfer at Point of Sale), refers to the systems for the electronic transfer of money when customers pay with a credit or debit card. EFTPOS was introduced to Sainsbury's stores in October 1989 - initially only the Switch debit card was accepted by Sainsbury's, but from 1991 credit cards were also accepted.
Retail systems development material
Off-line EFTPOS proposals
- Ref. No: SA/BRA/4/3/1/17/12
- Format: Document/Page/item
- Date: 15 Jun 1987
- Level: Item
- Extent: 1 document
- Access: Open
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