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Electronic Funds Transfer (2) - EFT is a technology (one of the electronic commerce technologies) that allows the transfer of funds from the bank account of one person or organization to that of another. EFT is also used to refer to the action of using this technology. It is an important addition in the Acronym: EFT Reference: ECRC University of Scranton / Defense Logistics Agency Related Terms: Electronic Funds Transfer (2) - commerce | data | electronic commerce | electronic data interchange | financial | interchange | trade |
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WWW Virtual Library of Logistics Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com Sponsored by LogisticsWorld. Copyright © 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved. |