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Letter from Midland Bank to Oliver Randell, manager of electronic development, regarding meeting to be held regarding EFTPOS. Includes information about the project teams responsibilities, list of membership of the Terminals Working Party and outline of the envisaged 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.