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

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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. 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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