Terms with Tag Commerce

  • Accounts Receivable Check (ARC)Acronym,
    • Automatic Electronic Funds Transfer (AEFT)Bank,
      • Certified Electronic Funds Transfer (CEFT)Bank,
        • Commercial Online Banking (COB)Bank,
          • Electronic Benefit Transfer/Electronic Funds Transfer (EBT/EFT)Bank,
            • Electronic Funds Transfer (EFT) Bank, Important,
              • The transfer of money between accounts by consumer electronic systems such as automated teller machines (ATMs), and electronic payment of bills.
              Also known as e-Transfer.
            • Electronic Funds Transfer Act (EFTA)Bank,
              • Electronic Funds Transfer Association (EFTA)Bank,
                • Electronic Funds Transfer at Point of Sale (EFTPOS) Bank,
                  • Electronic funds transfer (EFT) at the point of sale (POS).
                  Also written as EFT/POS.
                • Electronic Funds Transfer Network (EFTN)Bank,
                  • Electronic Funds Transfer Payment System (EFTPS)Bank,
                    • Electronic Funds Transfer System (EFTS)Bank,
                        Also known as e-Transfer System.
                      • International Electronic Funds Transfer (IEFT)Bank,
                        • Non-Sufficient Funds (NSF) Bank,
                          • When funds are not enough to satisfy the payment of a cheque or draft made on that account; also known as non-sufficient funds (NSF).
                        • Point of Sale (POS) Bank,
                          • A location where a sales transaction takes place.
                          • An electronic payment system for retail goods and services, through the use of credit cards or debit cards that directly access and deduct funds from a customer's chequing account. Also known as POS.
                        • Recurring Electronic Funds Transfer (REFT)Bank,
                          • Rivest, Shamir, Adleman (RSA)Acronym,
                              Security algorithm by Ron Rivest, Adi Shamir, and Leonard Adleman at MIT.
                            • Secure Socket Layer (SSL) Acronym,
                              • A standard form of encryption used over the Internet for e-commerce and banking transactions.
                              Seen as 'https' in a web address (URL).
                            • Special Electronic Funds Transfer (SEFT)Bank,
                              • Unauthorized Electronic Funds Transfer (UEFT)Bank,
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