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I'm not sure what causes it, but Australia always seems to be really homogeneous regarding tech at the POS. As soon as NFC enabled EFTPOS was available from the banks, it felt like everyone already had the POS machine that could read them and chips.

I can't imagine going somewhere and having to use the swipe. Even some dinky rural bodega will have a swanky touch screen EFTPOS machine. I am thinking the banks must cover the cost.

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> I am thinking the banks must cover the cost.

Rented, like your cable box. I'm not sure who funds the initial cost of new equipment, but as a retailer you'd just get new units in the mail.

May be a similar system to Denmark, where one of the major POS system sellers operator sort-of on a subscription basis. The retailers don't own the card machines themselves, but the machines are swiftly replaced when card standards are upgraded.

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