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

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JULY 9, 2024

Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. Q: Are EFT payments safe?

Electronic Fund Transfer Act (EFTA) 88
Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88
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