With respect to e-commerce, what is the full form of EFT?

2022

With respect to e-commerce, what is the full form of EFT?

  1. A.

    Electronic Fund Transfer

  2. B.

    Electronic Fund Transmission

  3. C.

    Elevated Fund Transfer

  4. D.

    Elevated Fund Transmission

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Correct answer: A

EFT stands for Electronic Fund Transfer. It means transferring money electronically from one account or system to another.

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