Understanding EFT Testing: A Complete Guide to Electronic Funds Transfer Testing

Karandikar Laboratories Pvt. Ltd12 Sep, 2025Business

EFT Testing also referred to as Electronic Funds Transfer Testing, is a predominant practice in the finance and banking industry. It refers to the testing and verification of electronic fund transfer systems by institutions, banks, and individuals. With the increasing use of online banking services and an ever-growing dependence on seamless transactions, EFT Testing buys the confidence that all payments are being processed securely, instantaneously, and without defect.