To read the full version of this content please select one of the options below:

RETAIL EFTPoS 90: PAPER HOLDS OUT AGAINST PLASTIC

International Journal of Retail & Distribution Management

ISSN: 0959-0552

Article publication date: 1 January 1991

Abstract

A summary of the Retail EFTPoS 90 conference is given. The conference highlighted many developments over the past 12 months in the progress of EFTPoS UK, and was enthusiastic about its future as a leading payment method system for the country′s retailers. News of other payments was also discussed, including a futuristic look at the smart card on the one hand and an overview of how retailers would benefit from the dismantling of the credit card anti‐competitive agreements on the other. Balancing the discussion about plastic payments, a contribution from Transax Financial Services, the UK′s largest cheque guarantee company, drew attention to the continuing presence of the cheque (still Britain′s second most preferred method of payment after cash) and highlighted the increasing requirement for retailers to be able to accept cheques without the risk of fraud.

Keywords

Citation

Penn, V. (1991), "RETAIL EFTPoS 90: PAPER HOLDS OUT AGAINST PLASTIC", International Journal of Retail & Distribution Management, Vol. 19 No. 1. https://doi.org/10.1108/EUM0000000002939

Publisher

:

MCB UP Ltd

Copyright © 1991, MCB UP Limited