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

  • ENR (Automated Enrollment Entry)

    ENR entries are initiated by an receiving depository financial institution (RDFI), at the request of a receiver, to enroll the receiver in direct deposit or direct payment...

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  • VAR Sheet

    A VAR Sheet is a file containing information, such as merchant account information, bank account information, processor information, etc. This file is typically given to a payment...

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