Search: EFTPOS
RBA Glossary definition for EFTPOS
EFTPOS – electronic funds transfer at point of sale. The eftpos system is a domestic debit card system managed by eftpos Payments Australia Limited.
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The Evolution of Payment Costs in Australia
3 Dec 2014
RDP
2014-14
At the point of sale, payments using cash, eftpos and contactless MasterCard & Visa debit cards have broadly similar costs for transactions under about $20; above $20, eftpos is the lowest-cost
https://www.rba.gov.au/publications/rdp/2014/2014-14.html
Resource Costs of Payments
31 Dec 2014
RDP
2014-14
0.19. 0.41. eftpos. 2,388. 0.70. 1.7. 0.11. 1.02. MasterCard &. Visa debit cards. ... 0.28. 0.20. 0.48. 0.03. 0.51. eftpos. 0.22. 0.23. 0.45. 0.24. 0.70.
https://www.rba.gov.au/publications/rdp/2014/2014-14/resource-costs-payments.html
Appendix A: Additional Detailed Results
31 Dec 2014
RDP
2014-14
Dollars per transaction, at average transaction value. 2006. 2013. eftpos. eftpos. ... 0.16. 0.03. 0.19. 0.63. na. eftpos. Resource costs incurred. 0.23. 0.07.
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-a.html
Appendix B: Payment Activity in the Sample
31 Dec 2014
RDP
2014-14
of withdrawals from ATMs since 2006 being offset by a similar increase in the share of withdrawals using eftpos (Table B1). ... Branch withdrawals. 29. 70,678. 2,412. 2. eftpos. Purchase only. 1,802. 93,593.
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-b.html
Conclusion
31 Dec 2014
RDP
2014-14
However, cash has become slightly more expensive as its use has declined, while eftpos has become less expensive; these two methods are estimated to be the least costly of the methods ... The point at which cash is no longer lower cost than eftpos has
https://www.rba.gov.au/publications/rdp/2014/2014-14/conclusion.html
Influence of Payment Size
31 Dec 2014
RDP
2014-14
The analysis suggests that cash, eftpos and contactless MasterCard & Visa debit transactions have broadly similar costs under about $20. ... As transaction size increases, MasterCard & Visa debit and credit card (including contactless) transactions incur
https://www.rba.gov.au/publications/rdp/2014/2014-14/influence-payment-size.html
Small Businesses Costs
31 Dec 2014
RDP
2014-14
0–10. eftpos. 90. 20–30. 20–30. MasterCard & Visa debit or credit cards. ... 0.71. 33. eftpos. 0.91. 0.53. 1.45. 88. MasterCard & Visa total.
https://www.rba.gov.au/publications/rdp/2014/2014-14/small-businesses-costs.html
Introduction
31 Dec 2014
RDP
2014-14
On this basis, cash, eftpos and contactless MasterCard & Visa debit transactions have broadly similar resource costs for transactions of under about $20. ... Above $20, eftpos is the lowest-cost payment method. At the average transaction size for each
https://www.rba.gov.au/publications/rdp/2014/2014-14/introduction.html
Appendix D: Description of Survey of SMEs
31 Dec 2014
RDP
2014-14
eftpos, MasterCard & Visa transactions using 94–146 responses and the component costs of American Express from around 38 responses.
https://www.rba.gov.au/publications/rdp/2014/2014-14/appendix-d.html
Private Net Costs
31 Dec 2014
RDP
2014-14
pays a negative cost) for debit card transactions. Across debit card schemes, the net private costs are distributed similarly across the sectors, although the net private cost to merchants for eftpos
https://www.rba.gov.au/publications/rdp/2014/2014-14/private-net-costs.html