vs EFTPOS & cards
Card settlement is stuck in the 1970s.
Cards take days to settle and a percentage cut at every stop. Point of Sol settles on-chain in milliseconds for a fraction of a cent — and pays out to your bank the same day over NPP / PayID.
today
visa · mastercard · eftpos
settlement
1–3business days
T+2 standard. Weekends push it further.
cost per swipe
1.5–3.5%+ 30¢
Interchange, assessment, processor markup. Every swipe.
chargeback window
120days
Refunds clawed back months after the sale.
point of sol
payouts via npp · payid
settlement
~400 ms
Final on-chain before the receipt prints.
cost per swipe
< $0.001flat
Network fee. No percentage. No tiers.
chargeback window
0payments are final
No reserves, no reversals, no surprises.
also
eftpos
point of sol
Hardware
eftposDedicated terminal + rentals
posAny phone or tablet
Onboarding
eftposBank account, KYC, contracts
posScan a QR. Done.
Currency
eftposLocal fiat only
posStablecoins, SOL, any SPL token
Payouts
eftposT+1 to T+3 via batch ACH
posSame-day via NPP / PayID
Cross-border
eftposFX fees + multi-day delays
posSame speed, anywhere
Reserves
eftpos5–10% rolling reserve
posNone — instant access
Hours
eftposBanking hours, weekdays
pos24 / 7 / 365
the bottom line
Cards cost the merchant ~$0.45 and two days of float. Point of Sol settles for a fraction of a cent, with same-day payouts via NPP / PayID.