SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Eng Nelson G

(Last)

(First)

(Middle)

C/O EFUNDS CORPORATION

8501 N. SCOTTSDALE ROAD, SUITE 300

(Street)

SCOTTSDALE

85253

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2006

3. Issuer Name and Ticker or Trading Symbol
EFUNDS CORP [ EFD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, eFunds U.S.

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units⁽¹⁾	10,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option (right to buy)	⁽²⁾	⁽²⁾	Common Stock	60,000	⁽²⁾	D

Explanation of Responses:

1. Restricted Stock Units were granted on December 1, 2006 (10,000 units). The units will generally vest and be converted into shares of common stock in three equal installments on September 19th in each of 2007, 2008 and 2009 if, subject to certain exceptions, the holder continues to provide services to the Company through the applicable vesting date. The vesting of the units is subject to acceleration upon the approved retirement, death or disability of the holder and any change in control of the Company (each, an "Acceleration Event").

2. Option was granted under the Company's 2006 Stock Incentive Plan on December 1, 2006 (60,000 shares @ $25.41 per share). The option has a term of ten years from the date of grant. One-third of the option vests on each of the three succeeding anniversaries of the date of grant, if subject to certain exceptions, the holder continues to provide services to the Company through the applicable vesting date. The vesting of option is subject to acceleration upon the occurrence of any Acceleration Event.

Remarks:

	Nelson G. Eng by Steven F. Coleman /s/ Steven F. Coleman	12/01/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.