Electronic funds transfer Trends

Electronic Funds Transfer (EFT) is the modern-day equivalent of handing over a stack of cash to pay for your groceries. In a nutshell, it's a way to send money from one account to another without the need for paper or checks. And boy, has it taken off in recent years! Just take a look at some of the popular EFT trends we've seen recently. From Chipper Cash to JazzCash to Zelis, people are finding new and innovative ways to transfer funds electronically. And with monthly search volumes regularly in the thousands, it's clear that EFT is here to stay. But it's not just the flashy new players in the game that are making a splash. In fact, traditional banking still holds a significant presence in the world of EFT, with search volumes in the tens of thousands. Overall, it's clear that EFT is a huge part of our financial landscape, and with no signs of slowing down, it's important to stay up-to-date on the trends and options available to us. So the next time you're transferring funds electronically, whether it's through Remitbee, Sofi Money, or good old-fashioned traditional banking, you can rest assured that you're part of the ever-evolving world of EFT.