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・ electron
・ electron model
・ electron tube
・ electronic commerce
・ electronic commerce dictionary
・ electronic data interchange
・ electronic data processing
・ electronic design automation
・ electronic frontier foundation
・ electronic funds transfer
・ electronic funds transfer point of sale
・ electronic funds transfer system
・ electronic magazine
・ electronic mail
・ electronic mail address
・ electronic mail client
・ electronic meeting
・ electronic numerical integrator and computer
・ electronic performance support system
・ electronic report management


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Electronic Funds Transfer Point of Sale : FOLDOC
Electronic Funds Transfer Point of Sale
A method of electronic payment which allows money to be transferred from the account of the shopper to the merchant in close-to real-time. Generally the shopper will give the merchant a credit or debit card, which will be swiped to obtain the account information. The shopper will then be required to either sign a receipt or enter a PIN via a keypad to authorise the transaction.
(2003-06-22)



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