A system for electronic funds transfers (EFT) in which machines are located in a merchant's store and are activated by the consumer's identification card and code is:

Question

Quizplus · Accepted Answer

POS (Point of Sale) systems are electronic systems located in a merchant's store, allowing for the processing of electronic funds transfers (EFT) when a consumer uses an identification card and code.

A System for Electronic Funds Transfers (EFT) in Which Machines