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Vaselesa [24]
3 years ago
14

What does the Electronic Fund Transfer Act do?

Business
2 answers:
ludmilkaskok [199]3 years ago
7 0
<span>establishes the rights and liabilities of consumers as well as responsibilities of all contributors in electronic fund transfer activities

</span>
Vsevolod [243]3 years ago
3 0

Answer:

Electronic Funds Transfer refers to a service that was originally intended to enable a customer to make payments to a merchant through an authorizing institution by exchanging electronic messages using POS (Point of Sale) computers and magnetic cards

Explanation:

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