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CyberCash is a company that allows e-commerce merchants to connect to their bank through the Internet when selling either B2B or B2C. It essentially supports credit and debit card payments.
Electronic Funds Transfer Systems (EFTS) allow for all forms of financial transactions over the Internet, both private and public. For example, when a company transfers money from its bank account to the payroll account and then to the individual banks of its employees it is doing EFTS.
Under the heading of e-business both CyberCash and EFTS fall.
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