1 definition by A Cowen
The period between swiping one's credit/debit card in an Eftpos terminal, and the receipt of confirmation that the transaction has been approved. Characterised by lame attempts at small talk with the counterperson, and occasional panic attacks in relation to the status of the credit/debit card, which increase in severity proportionally with the length of the EFTpause.
"During the eftpause, Trent experienced his usual feelings of mild guilt for not making small talk to fill the silence."
by A Cowen November 9, 2007