Remove Business Day Remove Electronic Fund Transfer Act (EFTA) Remove Point-of-Sale (POS)
article thumbnail

The Basics of Electronic EFTs: What is an Electric Funds Transfer?

EBizCharge

The significance of EFT transfers lies in their ability to facilitate immediate access to funds on nearly any given business day. This immediate access is essential for both individuals and businesses to manage cash flows , make timely payments, and maintain financial stability.