Designing an EFT-POS (Electronic Funds Transfer-Point of Sale) Network for Financial Institutions

摘要

This paper presents an approach to the EFT POS (Electronic Funds Transfer-Point of Sale) Network design and implementation process. POS management software has to offer an affordable solution that allows for EFT transaction growth and enriched card-related services. The institutions and enterprises can realize a proven and cost-effective POS solution with a flexibility that enhances retail delivery offerings to meet customer needs today and tomorrow. The software solution is a comprehensive terminal driving and management solution designed for financial institutions with POS terminal networks and financial enterprises that wish to meet marketplace demands by offering POS services. Selected software solution could help the institutions to provide clients with EFT services through institutional network sharing arrangements and national and international interchange networks.