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What is an EFT Payment? Everything to Know About This Method of Payment

Stax

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. This can include peer-to-peer payments, and business-to-business (B2B) or business-to-customer (B2C) transactions. Q: Are EFT payments safe? Q: How are EFT payments regulated?