Payment Glossary

FTC (Federal Trade Commission)

The Federal Trade Commission is an independent agency that advocates for consumer protection and the prevention anti-competitive business practices.

Related Terms

  • CIE (Customer Initiated Entry)

    A standard entry class code that enables a consumer to initiate an ACH credit into the ACH network whereby funds will be transferred to a company for...

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  • OFAC (Office of Foreign Asset Control)

    The part of the US Treasury Department responsible for enforcing United States economic and trade sanctions.

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