Merchant

A merchant is business that exchanges goods for monetary funds.

Related Terms

  • Issuer

    An issuer is the organization that issues a credit or debit card.

    Learn More

  • ODFI (Originating Depository Financial Institution)

    Financial institutions that originate ACH transactions on behalf of its customers. ODFI's must abide by the National Automated Clearing House Association (NACHA) Operating Rules.

    Learn More