EFT , or electronic funds transfer , is a popular method of transferring funds electronically. It allows you to transfer money quickly, conveniently, and cost-effectively. EFT Full Form – Electronic Fund Transfer or EFT is, as the name suggests, an electronic mode of transfer of money. In this, money is transferred from one account to another electronically or digitally. What is the full form of EFT ? - Electronic Funds Transfer - Electronic Funds Transfer ( EFT ) refers to the process of electronically transferrin An EFT payment, or electronic funds transfer , is any form of electronic money transfer. However, there’s a common misconception that EFT only relates to how you pay for things. We’ve all tapped or inserted our card into a point-of-sale (POS) terminal, but defining the EFT meaning goes far beyond that. Let’s take a look at exactly what EFT is, the different types of payments, and how it all works. What is an EFT Payment? An EFT payment is a form of electronic payment that allows money ...
