Development of EPS debit and credit card processing system for EPOS system

EPS is a cash a card-less payment system that provides merchants with a risk-free, efficient and economical way of settling transactions. It offers a host of benefits such as safety and improved business efficiency, among other benefits. EPS is easy to use and at the same time extremely secure. It reduces the amount of cash to be kept in the premises. Since funds are credited directly into your account, it eliminates the need to physically transfer money to the bank. It also provides you with a more economical way to run your business, helping you to reduce security and manpower costs. EPS POS terminals can be installed over merchants’ counter and operated by the cashier.

EPS Company Limited established in 1984, is currently a consortium of 20 major banks in Hong Kong. Its mission is to provide greater convenience for customers and merchants via wider use of electronic fund transfers. EPS Company launched its pioneering EPS secure cashless retail payment system in 1985. A convenient and cost effective addition to the range of payment options available to merchants and consumers, EPS is now welcomed at over 40,000 acceptance locations in Hong Kong, Macau and Shenzhen.

As part of its ongoing commitment to offering users innovative electronic payment services, EPS Company teamed up with Hong Kong Telecommunications (HKT) Limited to introduce PPS by phone in 1993. Extended to the Internet in 1999, PPS is a simple phone and online bill payment solution that offers customers the convenience of being able to settle bills anytime, anywhere. With over 300,000 transactions worth HK$500 million processed daily, EPS Company is the undisputed market leader in electronic payment services in Hong Kong. The company remains committed to continuously enhancing its range of services offerings.