Yesterday EFTPOS outage

POS SOFTWARE

Signs like this went up yesterday, as ATMs and EFTPOS machines on Thursday afternoon, went down. Our call centre like so many others took a hammering. There was little we could do. It appears that the big problem was in the debit card transactions if it had been credit, it would not have been that bad as almost everyone with credit has a debit account too. The only workaround that sometimes worked was to use the card manually.

Today a Telstra spokesperson said all services had been fully restored and apologised for the incident. In the process, it is estimated that the cost of this blackout by the National Retail Association, will be over 100 million dollars. The bigger retailers will be less affected then the SMB as they have websites where people could that evening buy later, many SMB do not have such a website. Anyway I am sure this is a gross underestimation what about non-retailers like us with our extra costs? 

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