LS Pay - IEFT

This section describes details of the EFT interface and how to manage transactions through LS Pay.

Electronic Funds Transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff. EFT transactions are known by a number of names, they are, for example, referred to as electronic checks or e-checks.

There are two different types of EFT interfaces in LS Pay: 

• IPED
• IPIS

The EFT functions receive request objects and respond with a single response object.