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

Stax

JULY 9, 2024

Learn More Debit and credit card transactions Perhaps the most commonly known EFT payment type is credit and debit card transactions. Unless your business is intentionally cash-only, you’ll likely need to accept the major card brands such as Visa and MasterCard to stay in business.

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