"EFTPOS Electronic Funds Transfer at Point of Sale at Sainsbury's: A management overview" booklet

Booklet for management. Explains what EFTPOS [Electronic Funds Transfer at Point of Sale] is, types of card in use, Sainsbury's experience of EFTPOS to date, how the system works, what the benefits are for the customer and Sainsbury's, installation plans and future developments and a selection of questions and answers.

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.