ACRO.IT Acronym Directory

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Home Business & Finance
Business & Finance

IBEX - International Business EXchange

A consortium of businesses, local and overseas chambers of commerce, and trade associations. By using IBEX, a business owner, with specially written computer software, can have offers to sell or buy matched up with potential IBEX-equipped customers or vendors at home and abroad. Then, the business person can pick an offer, negotiate, and complete a deal on the IBEX trading network.

 

EFT - Electronic Funds Transfer

Electronic Funds Transfer (EFT) is a transfer of funds between accounts by electronic means rather than conventional paper-based payment methods, such as Check writing.

 

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VAR - Value Added Reseller

Value Added Reseller
 

CEPS - Common Electronic Purse Specifications - Visa Europay (r)

Common Electronic Purse Specifications - Visa Europay (r)
 


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