Value Added Reseller (VAR)

A value added reseller is a company that sells products and / or services that are repackaged for specific needs.

Related Terms

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    An ACH credit occurs when the receiver’s account is credited.

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  • UDAP (Unfair or Deceptive Acts or Practices)

    Unfair or Deceptive Acts of Practices (UDAP) is a collection of rules for banking regulations, aiming to protect credit card users while adding to card-related disclosures.

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