Clearly Payments

MARCH 31, 2025

Larger businesses (100 or more employees) were more inclined to accept electronic funds transfers (EFT) at 74.7%, compared to 57.6% Require higher security standards, including EMV , PCI compliance , and encryption measures. According to Statistics Canada, 64.4% of businesses with 5 to 19 employees and 65.0%

Small Business 59

Small Business Electronic Funds Transfer (EFT) Credit Cards Payments 59

Stax

MARCH 6, 2025

They are embedded with EMV chips (Europay, MasterCard, Visa) that use either chip-and-PIN or chip-and-signature authentication methods. In short: contactless credit and debit cards have built-in EMV and NFC chips. Once confirmed, the funds transfer directly from the customers crypto wallet to the merchants wallet.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

Clearly Payments

MAY 22, 2025

ACH Bank-to-bank transfers, like direct deposit or bill pay. EFT (Electronic Funds Transfer) Same as ACH, used more often in Canada. EMV Chip technology on credit cards. Chip & PIN EMV transaction that requires a PIN instead of a signature. EFT (Electronic Funds Transfer) Used in Canada for bank transfers.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

Nanonets

SEPTEMBER 28, 2023

What is Electronic Funds Transfer (EFT)? ​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. EFT stands for Electronic Funds Transfer. ACH Transfers as EFT ACH transfer is a type of EFT, or electronic funds transfer.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

What is Electronic Funds Transfer (EFT)? ​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. EFT stands for Electronic Funds Transfer. ACH Transfers as EFT ACH transfer is a type of EFT, or electronic funds transfer.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Payment Savvy

JULY 3, 2024

As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce. Improved Cash Flow Quick fund transfers improve cash flow management for businesses. Convenience Easy to use for both online and in-store purchases.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Fintech Labs Insights

OCTOBER 16, 2016

With increased competition in the P2P payments industry ( PayPal / Venmo ( FDNY 16 ), Square Cash, Zello), banks are feeling pressure to compete by offering faster delivery of funds. The partnership enables banks to offer funds-transfers a day sooner, or even same-day. Check out CardFlight’s full EMV report here.

EMV 17

EMV P2P Same Day ACH FinTech 17