http://www.merchantlink.com.au - Small businesses are busy, and mostly have one thing in common: a shortage of time in which to get things done.

http://www.merchantlink.com.au - For a bank, when they approve an eftpos terminal for a small business, they are also effectively approving a line of credit for each customer. When you take a credit card transaction from a customer, the bank is guaranteeing that transaction for three months (if your business goes under or you are found to do the wrong thing in that time frame, the bank is liable for that transaction). So they seem some large risk involved in issuing a eftpos terminal.