Eftpos' innovation complication

Eftpos may have what it takes to give MasterCard and Visa a run for their money but our big banks may have other ideas.

Eftpos recently launched a campaign telling consumers that by using the payments system they become “kings” of their own money. Interestingly, amid this regal pitch to convince more consumers to push cheque or savings instead of credit, eftpos may be eyeing another crown and lay claim over the technology that looks set to revolutionise the  way we make payments.

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