Remove Electronic Fund Transfer Act (EFTA) Remove Electronic Funds Transfer (EFT) Remove Point-of-Sale (POS)
article thumbnail

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

EBizCharge

With the introduction of electronic funds transfers (EFTs), gone are the days of paper checks and manual money handling. EFTs revolutionize how money moves globally, quietly becoming the backbone of our financial infrastructure. What is an electronic funds transfer (EFT)?