0-9

 

A

 

B

 

C

 

D

 

E

 

F

 

G

 

H

 

I

 

J

 

K

 

L

 

M

 

N

 

O

 

P

 

Q

 

R

 

S

 

T

 

U

 

V

 

W

 

X

 

Y

 

Z

 

EFT

Abbreviation for Electronic Funds Transfer, a technology that authorizes a bank or financial institution to debit or credit an account securely and instantaneously by electronic means.

Electronic Banking

A process by which a customer may perform banking transactions electronically without visiting a brick-and-mortar institution.

Electronic Funds Transfer (EFT)

A paperless transmission of data representing money in a certain currency by electronic terminal (computer, POS etc.). In choosing EFT, users authorize a financial institution to debit or credit an account. It replaces the sending of paper instruments (checks etc.).

Electronic Merchant / eMerchant

A merchant who runs his/her business electronically via the Internet.

Expert Service

A customer advisory service by experts with different specialties.