An introduction to consumer efts with particular reference to Australia

Abstract

This is the first of a series of short articles addressing the subject of consumers EFTS. Australia has been a world leader in both the implementation and the consumer acceptance of early forms of consumer EFTS, in particular ATMs and EFT/POS. In this first article a brief background is provided to consumer EFTS, as basis for subsequent discussion of security aspects, regulatory mechanisms and privacy implications. Show more