-
EFT (Electronic Funds Transfer)
The electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
Learn More
Acquirer
An acquirer is a bank that processes credit and debit card transactions for a merchant.
Related Terms
-
OFAC (Office of Foreign Asset Control)
The part of the US Treasury Department responsible for enforcing United States economic and trade sanctions.
Learn More
