Electronic funds transfer (EFT) tools include debit cards, smart cards, direct deposit, direct payments, and electronic check conversion.
Correct Answer:
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Q147: Existing regulations prohibit online banking activities unless
Q148: After the bank failures that occurred during
Q149: Smart cards contain a microprocessor chip that
Q150: Both checks and debit cards will immediately
Q151: Although there are many features about online
Q153: Online banks offer customers better interest rates
Q154: In an electronic funds transfer (EFT) system,
Q155: Many employers offer direct deposit as a
Q156: A debit card is better than a
Q157: Payroll debit cards are cheaper for employers
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