EPOS and EFTPOS

NOTE: this may be short, but is just explaining the advantages and disadvantages of EFTPOS and EPOS. I hope this could help some of you in someway or another. EFTPOS means Electronic Fund Transfer at the Point Of Sale; this is used for people who want to purchase things with credit card. EPOS is the abbreviation for Electronic Point Of Sale, the bookshop till system used for sales data and stock control; this is mainly …

…all the credit card details and could take money or diverse the money from the buyer to the hacker. However EPOS could be easier, this is because you can pay upfront and not risk of having your details being seen, but you do have a risk of your money being stolen or having it lost, if it were a credit card you could easily lock it and prevent the thief from accessing your bank account