Which of the following is NOT a type of electronic funds transfer system?

Name: Which of the following is NOT a type of electronic funds transfer system?
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Question

Quizplus · Accepted Answer

Demand deposits are not a type of electronic funds transfer system. They refer to the ability to withdraw funds from a bank account on demand, usually through a check or debit card transaction. Electronic funds transfer systems include automated teller machines, automatic payroll deposits, and electronic bill payments.

Which of the Following Is NOT a Type of Electronic