#Caboolture #CBA #ATM won't accept my #auswidebank #debitcard so I have to transfer funds to #westpac #debitcard to use on CBA ATM to withdraw #cash - very messy - CBA is Commonwealth Bank of Australia #banks - so shops in Caboolture that only accept cash make it quite hard to make payment except using the above method - it would be better for them to setup a #square card reader for #EFTPOS and accept card payments
fees on #square #EFTPOS #payments is 1.9% so put that for #surcharge (google for steps, it isn't obvious) or it is very hard to calculate the correct percentage surcharge so customer pays full amount plus surcharge - it is cheaper with a subscription at 1.6% but for me with low sales it is not worth paying for a subscription of $49/mth for that - #cash is so much easier as it has no fees and works when technology is down - just in remote parts there are no ATMs or shops with EFTPOS to get #cash so #EFTPOS with its fees is the main way to accept payment via #creditcards or #debitcards
#square returns address changed from Hoxton Park to Villawood so parcel that I posted to Hoxton Park has to be returned to me then posted to new address with new label at Villawood as old label had old address so all this hell #auspost #australiapost - Square won't pay for redirection - Square card reader is for #EFTPOS with #mobile phone where there are no ATMs or cash available for payment - they charge fee and take 2 days to transfer funds
#Eftpos completely down in NZ?
only #ATM in Toogoolawah is at IGA as #BendigoBank closed and nearest is at Lowood #finance - get cash out before going to #Toogoolawah or use #EFTPOS #Queensland
I asked #chatGPT to tell me how much or many fees banks charge for using #EFTPOS. .. result... #Australia going #cashless?
The fees and charges associated with making a $100 payment using an EFTPOS card can vary depending on your bank and the specific terms and conditions of your account. However, here are some common fees and charges that you might encounter:Transaction Fee: Some banks may charge a small transaction fee for using your EFTPOS card for purchases.
Among the matters highlighted in the #knowledgesharing session were the #RTSLink automated #fare collection system, which includes the Contactless Smart Card (CSC), Electronic Fund Transfer Point of Sale (#EFTPOS), #creditcards, #ewallet, and #QRCode.
A discussion on #taxexemption strategies to encourage #trade between Malaysia and Singapore, as well on the #immigration processes to ease #passengermovement between borders had also taken place.
'If contactless were to replace EFTPOS entirely, the cost to New Zealand has been calculated at NZ$373 million this year by consultancy Covec. These interchange fees are paid to scheme providers and banks and are largely invisible to consumers because they are charged to the merchant."
#RobONeill, 2015
https://www.zdnet.com/article/going-going-new-zealands-eftpos-system-faces-terminal-threat/
Imagine a global scope ransomware attack on point of sale payments systems.
#Ransomware #POS #EFTPOS
https://www.stuff.co.nz/business/money/300799800/eftpos-outages-reported-around-country
busking these days...