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RBA Glossary definition for EFT

EFT – Electronic funds transfer

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Innovation

1 Nov 1984 RDP 8402
Lindsay F. Boulton and Warren J. Tease
Vol 75, No. 12, 1983, pp.106–113. AMERICAN BANKERS' ASSOCIATION. “EFT is Bank. ... Electronic Funds Transfer and Monetary Policy. National Commission on EFT's, Washington, 1977.
https://www.rba.gov.au/publications/rdp/1984/8402/innovation.html
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The Stability of Money Demand

1 May 1987 RDP 8703
Adrian Blundell-Wignall and Susan Thorp
For example, improved services and reduced costs implied by automatic teller machines and point of sale electronic funds transfer (EFT) could have increased the use of currency and reduced reliance on ... The introduction of automatic teller machines and
https://www.rba.gov.au/publications/rdp/1987/8703/the-stability-of-money-demand.html