EFT in Electronic Commerce in the USA

  title={EFT in Electronic Commerce in the USA},
  author={Sidney Lieberman},
  journal={Electronic Markets},
EFT requires that the company being debited must authorize the transaction. This cable in other countries whose banking systems are different than those in the USA. Electronic fund transfers (EFT) as a process has been around for many years, although it is only lately that its importance in the electronic commerce cycle is being understood. This article… CONTINUE READING