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EFT

EFT Canada (Electronic Funds Transfer) is a widely used payment system that enables secure and direct bank-to-bank transfers for businesses and individuals across Canada. It facilitates a range of transactions, including payroll deposits, bill payments, supplier payments, and more. By automating the transfer of funds, EFT Canada allows businesses to streamline their payment processes and improve cash flow management.

One of the key features of EFT Canada is the ability to schedule recurring payments, making it ideal for managing payroll, utility bills, mortgage payments, and other regular financial obligations. For consumers, it provides a convenient way to pay bills directly from their bank accounts without the need for checks or manual intervention.

EFT Canada is integrated with all major Canadian banks, ensuring widespread accessibility and reliability. The system is secured by encryption and fraud prevention measures, protecting sensitive financial data during transfers. As a trusted payment method, EFT Canada promotes efficiency and security in Canada's banking ecosystem.