electronic monetary processing systems. learning intentions define and expand the following...
Post on 16-Jan-2016
212 Views
Preview:
TRANSCRIPT
Electronic Monetary Processing Systems
Learning Intentions
Define and expand the following acronyms: POS EPOS EFTPOS
Recognise, from a diagram the components of a typical Electronic Funds Transfer Point of Sale.
Describe how Electronic Funds Transfer Systems operate.
Shops use computer technology as follows:
Point of Sale (POS) – an ordinary checkout till.
Electronic Point of Sale (EPOS) – a checkout connected to a computer with a barcode reader.
Electronic Funds Transfer Point of Sale (EFTPOS) – a checkout connected to a computer with a barcode reader which can transfer money from a customers account using credit/bank cards.
EFTPOSDisplay
Printer
Magnetic stripe reader
Cash drawer and keyboard
Laser scanner
Scales
Scanning beam
EPOS processor
Product number to store
computer
Product details to
EPOS terminal
Activity One
Complete the following worksheet:
Check Answers
Activity Two
Electronic Funds Transfer
Read the scenario and put the stages of purchasing goods in the correct order.
Conclusion
Can anyone expand the acronym EFTPOS?
Name three components of an EFTPOS.
What does PIN stand for?
Before a receipt is printed what must be approved?
top related