Cadmus Technology brings Eftpos terminals to Singapore

Listed payment terminals company Cadmus Technology has sold its first Eftpos terminals into Singapore and appointed a distributor for the country.

Cadmus will supply 200 terminals to Mobile Eftpos, which will develop software for the devices and market to Singaporean banks.

Cadmus estimates the Singapore market for Eftpos terminals is around 25,000 units, but most of the terminals already in use need replacing.