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Bank provides 1000 more

Ropate Valemei
Monday, January 21, 2013

THE Bank of the South Pacific will install another 1000 electronic funds transfer at point of sale (EFTPOS) machines at their various branches this year.

BSP general manager corporate and international Cecil Browne said this would be added to 2000 existing EFTPOS machines around the country.

"We channelled a lot of money on e-banking across the country," Mr Browne said.

EFTPOS is an electronic payment system involving electronic funds transfers based on the use of payment cards such as debit or credit cards at terminals located at points of sale.

The bank has 100 automatic teller machines across the country.

Meanwhile, Mr Browne said BSP's mobile banking was progressing well.

"We have invested our money well in terms of electronic banking infrastructure," he said.

"With that money, you can transfer money and access your account, all on a mobile phone."





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