{"id":28961,"date":"2022-04-19T05:31:11","date_gmt":"2022-04-19T05:31:11","guid":{"rendered":"https:\/\/handlewife.com\/?p=28961"},"modified":"2023-06-13T12:46:13","modified_gmt":"2023-06-13T12:46:13","slug":"make-eft-payment-with-capitec-app","status":"publish","type":"post","link":"https:\/\/handlewife.com\/make-eft-payment-with-capitec-app\/","title":{"rendered":"How to make EFT payment with Capitec App (Complete Guide)?"},"content":{"rendered":"\n
EFT payments are electronic fund transfers that are done with a computerized network. The Electronic Fund Act was passed by the U.S. in 1978. With this, a payment is made easily between one account to another using computers. This is quite useful for businesses as well as individuals as there is no need to use cheques or deposit cash in another person’s account. It saves a lot of time and is also a safe way to make transactions. <\/p>\n\n\n\n
There are numerous types of EFT payments such as:<\/p>\n\n\n\n
Direct deposits are pre-arranged and can be directly deposited to any other person’s account on a scheduled basis. To make repeated payments to their employees, a person does direct deposits.<\/p>\n\n\n\n
EFT means electronic fund transfer payments are made with the debit or credit card of a person. This is basically used for making online purchases, paying bills, and also to make payments from one account to another.<\/p>\n\n\n\n