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  1. EFT Definition & Meaning - Merriam-Webster

    The meaning of EFT is newt; especially : the terrestrial phase of a predominantly aquatic newt.

  2. What Is An EFT Payment? – Forbes Advisor

    Jun 29, 2022 · An electronic funds transfer (EFT) is a way to move money across an online network, between banks and people. EFT payments are frequently used in place of paper-based payment …

  3. EFTs explained: EFT definition and types of EFTs | Stripe

    Jan 22, 2025 · Electronic funds transfers (EFTs) are transactions that move funds electronically between different financial institutions, bank accounts, or individuals. EFTs are frequently referred to as …

  4. EFT Meaning: Electronic Funds Transfers Explained | SoFi

    Mar 31, 2025 · The definition of an electronic funds transfer (EFT) is the digital movement of money between financial institutions, bank accounts, and people. Unlike paper methods, such as cash or …

  5. EFT Meaning: What is an Electronic Funds Transfer? - Tipalti

    Sep 1, 2025 · An Electronic Funds Transfer (EFT) is a secure and convenient way to transfer money between bank accounts. Learn about the ins and outs of EFTs, with EFT examples.

  6. Electronic funds transfer - Wikipedia

    Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer -based systems.

  7. What Is an EFT? EFT Payment Meaning Explained - CompareRemit

    May 22, 2025 · EFT, short for Electronic Funds Transfer, is a method of digitally transferring money between accounts—sometimes within the same bank, sometimes between two different financial …

  8. EFT | English meaning - Cambridge Dictionary

    EFT definition: abbreviation for electronic funds transfer: a system of moving money electronically from one bank…. Learn more.

  9. EFT definition in American English | Collins English Dictionary

    EFT is a transfer of funds that is carried out electronically. Collins COBUILD Key Words for Finance. Copyright © HarperCollins Publishers. EFT is a transfer of funds that is carried out by electronic …

  10. What is an EFT Payment? | Electronic Funds Transfer Definition

    Apr 8, 2025 · What Does EFT Stand For? The term “EFT” stands for “electronic funds transfer.” By definition, it is a blanket term for electronic transfers for payment processing. Moreover, it describes …