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AAP
An accredited ACH professional certified by the National Automated Clearing House Association (NACHA).
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Acquirer
An acquirer is a bank that processes credit and debit card transactions for a merchant.
Related Terms
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TEL (Telephone Initiated Entries)
A standard entry class code that enables the originator to initiate a single entry debit to a consumer’s account pursuant to a consumer’s oral authorization obtained over...
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