Business Studies, asked by PragyaTbia, 1 year ago

Name the electronic facility of transferring funds through the internet. Answer in a word / phrase / term.

Answers

Answered by aqibkincsem

EFT or Electronic Funds transfer refers to the system through which money is transferred from one bank account to another without including the exchange of paper money.

Direct deposit is one of the most prominent examples of EFT. It is a very popular method and is actually paving the world of paperless universe.

Previous Question

Next Question

Similar questions

Biology, 7 months ago

del Name the following organellas pestorming the follosa functions 8- of Power house of cell. Ll channel transportation from nucles to cytoplasma d sac containing digestive enzymes. d kitchen of the cell.

Math, 7 months ago

the letters of word union are araanged in all possible manner find the rank of the word union...

Math, 7 months ago

The sum of two numbers is 8. If their sum is four times their difference, then the numbers are * a. 3 & 4 b. 4 & 5 c. 5 & 3 d. 4 & 6...

Business Studies, 1 year ago

Name the term which is used by even common man effectively while collecting the needed information quickly. Answer in a word / phrase / term.

Business Studies, 1 year ago

The term derived from the terms email and e-commerce. Answer in a word / phrase / term.

Computer Science, 1 year ago

Write a paragraph on artificial intelligence its advantages and disadvantages for...

Math, 1 year ago

You are given n, in how many ways can n be written as sum of 1 or more primes...

Chemistry, 1 year ago

Write the reaction of alkenes and alkynes with o3,kmno4.give eqation...