Electronic Fund Transfer Act (EFTA) Online and Mobile Banking P2P 
Stax
JULY 9, 2024
An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks. EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s.
Payment Savvy
NOVEMBER 9, 2022
EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. Transferring money between your own accounts at different banks. The history of electronic funds transfers begins in the 1960s, with the advent of ATMs. But what exactly is an EFT payment?
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