Which of the following does NOT constitute an electronic funds transfer (EFT)?

The option stating an internet ticket purchase with a credit card does not constitute an electronic funds transfer (EFT) because an EFT specifically refers to transactions that involve the transfer of funds from one bank account to another without the need for physical checks or currency. While a credit card transaction typically involves electronic processing, it does not transfer funds directly between bank accounts in the same manner as an EFT does.

In contrast, the other scenarios described are clear examples of EFTs. For instance, a direct deposit of an employee's paycheck involves the electronic transfer of funds directly into an employee's bank account, which fits the definition of an EFT. Similarly, transferring funds from checking to savings through a PC and a debit card transaction both involve the electronic movement of money from one account to another, classifying them as EFTs as well.

In summary, understanding the definition of an EFT helps differentiate it from other types of electronic transactions, where credit card purchases do not involve direct bank account transfers but rather a credit transaction that is billed later.