A local Australian scheme, eftpos is the country's most widely used electronic payments system, accounting for almost half of all domestic card transactions.
EFTPOS is wholly owned and administered by 18 financial institutions and major retailers (collectively known as EFTPOS Payments Australia Ltd). EFTPOS has been considered as a secure and efficient payment method both by consumers and merchants for almost three decades.
Who needs EFTPOS compliance?
Card issuers and card vendors who want to connect to the EFTPOS debit infrastructure, need to comply with the scheme's standards and regulations.
What can UL do for me?
Chip and card vendors can rely on UL to guide them through the EFTPOS certification path and provide them an understanding of what is required to pass certification. UL provides security evaluation and functional testing services for chips, smart card applications, mobile payment applications and terminals.