EFT SOLUTIONS

EFT Solutions are leading electronic fund transfer at point-of-sale (“EFT-POS”) solution provider, which was established in 2004 and founded by Mr. Andrew LO who possesses over 19 years of experience in electronic payment solutions, focusing on providing EFT-POS terminal and peripheral device sourcing and EFT-POS system support service in Hong Kong. They position theirselves as the link between EFT-POS terminal manufacturers and acquirers (i.e. acquiring bank or payment processor that proces... ses credit or debit card payments on behalf of a merchant) to provide total EFT-POS solutions including sourcing of EFT-POS terminals and peripheral devices services, together with developing software that comply with electronic payment standards acceptance certification, installation and ongoing maintenance and repair services of EFT-POS terminals and other related services (the “EFT-POS System Support Service”). They also provide customised project based software solution services to merchants. They provide sourcing of EFT-POS terminals and peripheral devices services to acquirers as well as merchants. Leveraging their experience in the electronic payment industry and their well-established business relationships with EFT-POS terminal and peripheral device manufacturers, they are able to recommend suitable EFT-POS solutions meeting the requirements of their customers. They are a value added partner (i.e. they add features or services to the EFT-POS terminals manufactured by certain EFT-POS terminal manufacturers to help merchants or acquirers to source the suitable blend of hardware and software for payment solutions and they coordinate or supervise installations of these EFT-POS terminals) of the top two EFT-POS terminal and peripheral device manufacturers in the world in 2015 according to the Frost & Sullivan Report, including Verifone Systems International Limited, a subsidiary of Verifone Systems, Inc. (Verifone Systems, Inc. and/or its subsidiaries collectively referred to as “Verifone”).More