One Time Eft Payment is a business term used to describe a single electronic payment transaction made from one bank account to another. This type of payment is becoming increasingly popular due to its convenience and speed. It is also a cost-effective way to transfer funds, as it eliminates the need for manual checks and other forms of payment. The payment is made via an electronic transfer system, such as the Automated Clearing House (ACH) or the Federal Reserve’s Automated Funds Transfer (AFT) system. The payment is usually completed within one to three business days, depending on the financial institution. One Time Eft Payment is a secure and reliable way to transfer funds, and is often used for online purchases, bill payments, and other financial transactions.