Electronic Munetary Processing 2

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What are the advantages of using an EFTPOS for the customer?
No need to withdraw money form the bank; you dont have to carry around large amounts of money; money is transfered securley; bank statements clearly show transactions made
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What are the advantages of using an EFTPOS for the shop?
money is directly paid into the shops account; the shops have less money on thhe premises; reduced human error at checkouts; easy to change prices; it is possible to monitor spending habits
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What infomation can a barcode give you?
product code; manufacurer; country of origin; check digit (validation)
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what else can a barcode be used for?
tracking: parcels at a post office; laugage at an airport;books in libuaries
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What happens when a barcode is scanned, at an EFTPOS terminal?
1. laser scanner reads barcode 2. barcode sent to main shop computer 3. item located in the database 4. product infomation and price is sent to terminal 5. shops computer uppdates shock level 6. product infomation shown and printed
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Other cards in this set

Card 2

Front

What are the advantages of using an EFTPOS for the shop?

Back

money is directly paid into the shops account; the shops have less money on thhe premises; reduced human error at checkouts; easy to change prices; it is possible to monitor spending habits

Card 3

Front

What infomation can a barcode give you?

Back

Preview of the front of card 3

Card 4

Front

what else can a barcode be used for?

Back

Preview of the front of card 4

Card 5

Front

What happens when a barcode is scanned, at an EFTPOS terminal?

Back

Preview of the front of card 5

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