VDict - Definition of electronic funds transfer

Computing (FOLDOC) dictionary

electronic funds transfer

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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 World-Wide Web. The term also applies to credit

card and automated bill payments.

(1999-12-08)

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Words contain "electronic funds transfer":
electronic funds transfer Electronic Funds Transfer Point of Sale electronic funds transfer system
Words contain "electronic funds transfer" in its definition in Computing (FOLDOC) dictionary:
electronic commerce electronic funds transfer system electronic funds transfer Electronic Commerce Dictionary EFTPOS Electronic Funds Transfer Point of Sale EFTS EFT Ecash EDIF more...

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