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?
- A.
Electronic Fund Transfer
- B.
Electronic Fund Transmission
- C.
Elevated Fund Transfer
- D.
Elevated Fund Transmission
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Show answer & explanation
Correct answer: A
EFT stands for Electronic Fund Transfer. It means transferring money electronically from one account or system to another.