The Australia wide eftpos systems was developed by the Australian Retail Banks to meet Australian conditions including a small population, which overwhelmingly uses cash for transactions, a small number of banks capable of “exchange of value” settlements and enormous distances. This paper discusses the system that has evolved first involving only ATM’s and banks, then extending to POS systems for retailers and non bank financial institutions.
CITATION STYLE
Gyoery, R., & Seberry, J. (1987). Electronic funds transfer point of sale in Australia. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 263 LNCS, pp. 347–377). Springer Verlag. https://doi.org/10.1007/3-540-47721-7_26
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