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PDF Editor FAQ

How do I integrate electronic funds transfer (EFT) into my web site?

Depends where you are located, but for example in the US, you can very easily use ACH to do this. Once the funds are in your account, you can work with an ACH provider to make the payments to the client's bank accounts, by using the ACH system.

How can I transfer money from an SBI account to another bank account without card or online banking?

First let's see what does it meanWHAT IT Is offline transaction :An offline transaction, also known as a signature debit transaction, is a payment method that uses a debit card to transferfunds from a checking account to a merchant across a digital credit cardnetwork.HOW IT WORKS (EXAMPLE):When you pay for goods or services with yourdebit card, you have the option to process your payment in one of two ways: 1) as an offline transaction via a credit cardprocessing network, or 2) as an online transaction via an electronic funds transfer (EFT) system.Offline transactions are processed much like credit card transactions. They are sent over one of the major credit card networks -- Visa, MasterCard, Discover, etc -- depending on which credit card network your bank is associated with as a member bank. The cost of the transaction, called an "interchange fee," is typically 2-3% of the total purchase. The interchange fee is charged to the vendor/merchant, not the bank.You transfer the fund in a safer way through cheque or NEFT or RTGSCheque transfer requires a visit in bank where you have to provide cheque on particular payee to whom you want to transfer the fund. It is a safest offline way.NEFTNational Electronic Funds Transfer (NEFT) is a nation-wide payment system. Under this Scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme. NEFT transactions are settled in batches.RTGSReal Time Gross Settlement (RTGS) is an electronic form of funds transfer where the transmission takes place on a real time basis. In India, transfer of funds with RTGS is done for high value transactions, the minimum amount being Rs 2 lakh. The beneficiary account receives the funds transferred, on a real time basis.Both services can be availed by online or offline for offline you have to visit the branch.Hope this will help if yes then kindly up vote.

When can we anticipate a mainstream adoption and everyday use of Ripple (XRP)?

Never, Ripple provides zero advantage over other centralized payment products like paypal, venmo or EFT (Electronic Funds Transfer)

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