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EMT meaning in Accounts and Finance ?

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Answer: What is Email Money Transfer mean?

Interac e-Transfer (formerly Interac Email Money Transfer or EMT) is a funds transfer service between personal and business accounts at participating Canadian banks and other financial institutions, offered through Interac Corporation.

From inception until early 2018, the service was provided by Acxsys, a for-profit consortium backed by most of the major partners of the nonprofit Interac Association, and using the Interac brand under licence. In February 2018, the activities of both organizations were combined into a single for-profit organization under the Interac name.

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