Free On-line Dictionary of Computing

EFTS ⇝

electronic funds transfer

<application, communications >

(EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. In the late 1990s, this increasingly includes transfer initiated via the web. The term also applies to credit card and automated bill payments. Glossary .

Last updated: 1999年12月08日

Nearby terms:

electronic funds transfer Electronic Funds Transfer Point of Sale

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