Benefits of having an EFTPOS facility in your Australian business.

Aug 13
08:18

2010

Rich Branson

Rich Branson

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All the reasons why your Australian business should have an EFTPOS facility.

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An EFTPOS terminal is a credit and debit card terminal that allows a business owner to take payment from a customer’s credit or debit card. It can be known as a merchant terminal.

For a business owner who has regular customers making payments,Benefits of having an EFTPOS facility in your Australian business. Articles an EFTPOS terminal is essential. In today’s business climate it is important to be able to accept major credit and debit cards. The majority of the consumer market like to pay using their credit or debit card. You do not want to let your business get left behind.

Accepting credit and debit cards helps with a business’s cash flow. It eliminates the need to wait for cheques to clear at the bank – which can often take 3 business days in Australia.

Some EFTPOS terminals are truly mobile terminals. This means that you can take the EFTPOS terminal out on the road with you, and accept credit and debit card payments using the mobile networks. This gives customers less reason not to pay on the spot. It also means that you can get instant clarification as to whether a payment has been successful.

An EFTPOS terminal means that a business owner can reduce the amount of cash that I kept on the premises. By accepting credit and debit cards it means that this money is transferred instantly into the business bank account.

Being able to accept credit and debit cards in Australia it encourages people to impulse buy and become receptacle to up-selling.  This means that you encourage your customers to spend more money and do not restrict their spending by the amount of cash they have in their wallet.

Having EFTPOS facilities also allows a business owner in Australia to accept payments over the phone – perfect if a business is using the internet to advertise their products. It also means that payment are instantly approved.

To find out more about EFTPOS terminals in Australia and to arrange one for your business visit: http://www.getmeeftpos.com.au