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Memorandum assessing the advantages and disadvantages of having a standalone EFTPOS terminal, linked EFTPOS terminal, fully integrated front end operation or an off-line electronic cheque system.

EFTPOS (Electronic Funds Transfer at Point of Sale), refers to the systems for the electronic transfer of money when customers pay with a credit or debit card. EFTPOS was introduced to Sainsbury's stores in October 1989 - initially only the Switch debit card was accepted by Sainsbury's, but from 1991 credit cards were also accepted.