The company names on your EFTPOS transactions

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Each month when I go through my bank statements my wife and I debate who and how much and where. The problem is not so much our spending as it is with the company names and dates on the statement. Mostly because they use their business name not their trading name in the transaction reference.

My petition is to make it law that whoever the owner of the EFTPOS machines is MUST use their trading name (that is the name of the business who you thought you did business with) rather than their registered company/business name.



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