Electronic Funds Transfer

Electronic Funds Transfer at Point of Sale - a system commonly used in retailing in which a consumer pays for purchases by means of an electronic transfer of funds from his or her bank account to that of the store.

electronic funds transfer - a system used in retailing in which a consumer pays for purchases by means of an electronic transfer of funds from his or her bank account to that of the store
ego states ...

The electronic funds transfer is a phenomenon long known to the banking world, where billions of dollars move around the globe daily via phone-all in the time it takes a person to sneeze.

EFTS:
Electronic Funds Transfer System-An electronically-based system that eliminates the need for paper (such as a check) in the movement of funds, e.g., ATM withdrawal or a pay-by-phone transaction.

EFT-POS (Electronic Funds Transfer at the Point-of-Sale) The automatic transfer of funds, using a debit card at a retail point of sale, from a consumer's demand deposit account to the retailer's account.

BACS payments are electronic funds transfers directly from one bank account to another. They save companies in the UK a great deal of time, money and aggravation. They are also better for the environment.

Electronic Funds Transfer at Point of Sale. Ego States a proposition in transactional analysis that every person has three mental conditions - parent ego state, child ego state and adult ego state, ...

See also: Market, Customer, Marketing, Product, Account