Tag - Payment processing

Electronic Funds Transfer

Understanding EFT Switch Technologies in the Fintech Landscape

In a time when Fintech innovations had revolutionized the money- and asset-management lifestyles and businesses of people everywhere, one technology stands apart with its significant role and input in making this great stride possible. The technology: Electronic Funds Transfer, abbreviated as EFT Switches. In this discussion paper, the concept and purpose of EFT switches; their role in a technological industry landscape called Fintech is discussed. How exactly would EFT switches give one so much benefit or change one’s life [...]

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