{"id":15422,"date":"2020-11-10T15:54:58","date_gmt":"2020-11-10T05:54:58","guid":{"rendered":"https:\/\/www.tyro.com\/?post_type=knowledge-hub&#038;p=15422"},"modified":"2023-08-23T12:57:10","modified_gmt":"2023-08-23T02:57:10","slug":"what-is-eftpos-used-for","status":"publish","type":"knowledge-hub","link":"https:\/\/www.tyro.com\/knowledge-hub\/what-is-eftpos-used-for\/","title":{"rendered":"What is EFTPOS used for?"},"content":{"rendered":"\n<p class=\"wp-block-cgb-text gutenberg-examples-align-none\">In short, EFTPOS is an electronic payment system that may include EFTPOS machines that collect electronic payments from customers.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><br><br>Because cash is on the out<\/h5>\n\n\n\n<p class=\"wp-block-cgb-text gutenberg-examples-align-none\">As we move towards a cashless society, it\u2019s imperative for businesses to let their customers pay in the method and the way they want.<br\/><br\/>Most people enjoy the convenience of paying by card, mobile, and even wearables for everything from a litre of milk to a new fridge.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><br><br>Who can use EFTPOS machines?<\/h5>\n\n\n\n<p class=\"wp-block-cgb-text gutenberg-examples-align-none\">Most businesses that collect cash payments from customers can use EFTPOS.<br\/><br\/>All that\u2019s needed is an EFTPOS machine through an EFTPOS provider. It\u2019s very quick and simple to set up (at least, it is with Tyro!).<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><br><br>Are there limits to what EFTPOS can be used for?<\/h5>\n\n\n\n<p class=\"wp-block-cgb-text gutenberg-examples-align-none\">Some banks put a limit on how much their customers can spend using a debit or credit card. It\u2019s a way for them to help fight against fraud.<br\/><br\/>Additionally, some banks will also restrict certain businesses based on the type of goods and services they offer.<\/p>\n\n\n<div id=\"knowledge-hub-helpful\" class=\"knowledge-hub-helpful\" data-post-id=\"15422\">\n    <div class=\"helpful-container\">\n                    <p>Was this helpful?<\/p>\n            <div class=\"helpful-button\">\n                <button class=\"btn inverse\" data-value=\"1\">Yes<\/button>\n                <button class=\"btn inverse\" data-value=\"0\">No<\/button>\n            <\/div>\n            <\/div>\n    <div class=\"contact-container hide-on-med-and-down\">\n        <p class=\"call-us\">Call us: \n    <a href=\"tel:1300 00 8976\">\n        1300 00 8976    <\/a>\n<\/p>        <span style=\"display: block;\">Aussie support available 7 days a week, visit <a href=\"\/support\" target=\"_blank\">Contact us<\/a><\/span>\n    <\/div>\n<\/div>\n\n<div class=\"knowledge-article-banner\">\n    <div class=\"banner-left\">\n        <div class=\"icon\">\n            <img decoding=\"async\" src=\"https:\/\/www.tyro.com\/wp-content\/themes\/tyro\/assets\/img\/icons\/icon-eftpos.svg?v=6\" class=\"\" width=\"56\" alt=\"\" \/>        <\/div>\n        <div class=\"content\">\n            <h4 class=\"banner-title\">Better business banking with Tyro EFTPOS and eCommerce<\/h4>\n            <p class=\"banner-desc\">With the Tyro App alongside the right EFTPOS solution and business bank account, achieving your business goals becomes a whole lot easier.<\/p>\n        <\/div>\n    <\/div>\n    <div class=\"banner-right\">\n\n                    <div class=\"btn wp-block-button\">\n                <a class=\"wp-block-button__link\" href=\"https:\/\/www.tyro.com\/get-started\/\" target=\"_self\">Get started<\/a>\n            <\/div>\n        \n    <\/div>\n<\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"parent":0,"template":"","knowledge-hub-category":[10264],"class_list":["post-15422","knowledge-hub","type-knowledge-hub","status-publish","hentry","knowledge-hub-category-tyro-eftpos"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v24.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is EFTPOS used for? | Tyro<\/title>\n<meta name=\"description\" content=\"EFTPOS is an electronic payment system that may include EFTPOS machines that collect electronic payments from customers. 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