EFT-Electronic Fund Transfer a Modern Approach

Electronic funds transfer means exchanging of funds transactions electronically.Its consists of different term like payment card, Direct deposit, online banking ,E-money etc.. or Transferring of money one from bank account to another electronically without using paper work. Basically,we can say that Electronic funds transfer is direct deposit including credit card, ATM ,point-of-sale transactions(POS). It is used for credit transfers and debit transfers.Electronic Funds Transfer at a point of scale defines the electronic processing system for credit cards, debit cards and charge cards. This card based-EFT processing take place at an automated teller machine or point-of-sale.

Various types transactions may be performed on EFT like,withdrawal sale, refund , cashback and payments .The benefits of EFT include reduced administrative costs, more efficiency, simplified work, and security. EFT transactions may be done by Authenticate the card and the card holder. Therefore,the requirements for making Electronic Payment is valid Importer Exporter Code (IEC) need to have an Internet Banking account ,your ID and Password from any of banks such as ICICI Bank ,HDFC Bank ,State Bank of India, Punjab National Bank and Other banks..

The Benefits of Electronic funds transfer :-

• More convenient: easy as compared to sending Drafts /Cheques.
• No need to visit the bank branch again and again.
• Reduce the workload and quickly work is done.
• Reduced transaction time and more secure.
• You do not need to have any check-generating costs.

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The maximum transfer of Rs. 2 crore in single electronic transaction for that you need to fill up and submit an EFT request form. Mostly used by employers for depositing their employees' salary in a bank savings account.
You can transact your money from your home, office or anywhere in India through different Banks of Internet Banking.

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Security Cameras

The new generation computer are concern with new standard of security and surveillance. The installation of computer security cameras inside your workplace or home will help you a lot in maintaining a safe and secure environment. When you are out of your home, you need your home to be protected from thieves. This work can be done by using computer security cameras.

Security cameras are the part of security systems which help to determine criminals. This can help you in observing people at your work place. Some computer security camera files require a separate media player to access, whereas other may only require a codec.Computer security cameras can be connected to personal computers with USB port. Security cameras used in different types of application areas are
Hidden security cameras,Dummy security cameras,CCTV security camera systems, Car security cameras, Digital security cameras, outdoor or indoor security cameras etc..Basically, the Business companies used to check their employees by using computer Security cameras. To ensure that employees are working according to their rules and regulations.This check can ensure you that whether the person whom you trust is responsible or not. Computer security camera systems offer greater convenience and accuracy for home security systems. Now a days many security cameras having wireless systems technology.These types of home security cameras either having no wires can be viewed by using your computer. These types of security camera have more range of price,but easy to use.

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Now these days the most use of security cameras in shopping center's where millions of people enter and exit regularly which make effective way of reducing workload. There are various type of home security cameras available that vary in size, design and price like an indoor small security cameras less range of price as compared to larger one security cameras.According to specific needs of user the security cameras is defined.

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