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Interchange
Interchange is a small fee paid by a merchant's bank (acquirer) to a cardholder's bank (issuer) to compensate the issuer for the value and benefits that merchants...
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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
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On-Us Entry
Occurs when both the receiver and originator of a transaction have depository accounts at the same depository financial institution.
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