Company Information

Get to know eftpos australia

eftpos (an acronym for electronic funds transfer at point of sale) is Australia's primary domestic debit card payment system, processing over two billion transactions a year. Established in 1984, it has become a fundamental part of the Australian payments landscape, offering low-cost and secure real-time payments for consumers and merchants. In 2021, eftpos Payments Australia Limited merged with BPAY Group and NPP Australia to form a new, single domestic payments organization called Australian Payments Plus (AP+). While eftpos continues to operate as a distinct brand and service, it is now part of the broader AP+ entity, which aims to shape the future of payments in Australia.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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eftpos australia

Australia

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.