No Double Charge Risk from EFT-POS Machine Reprocessing, Says Hellenic Banking Association

• No need to worry about double charging if a card goes through the EFT-POS machine twice
• Hellenic Banking Association states a second card pass does not imply a charge
• Transaction completion requires re-entering the amount and confirmation by the store employee
• Card swiping does not automatically result in a financial transaction
• Devices may make sounds without completing a transaction
• Technology and e-banking allow real-time monitoring of bank accounts
• EFT-POS issues a receipt for each transaction, which should be checked
• EBA advises keeping transaction receipts and checking amounts
• Mobile banking apps enable immediate transaction monitoring

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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