-
Merchant Account
An account opened through a payment processor or financial institution that allows payees to accept credit card payments from a payer.
Learn More
OFAC (Office of Foreign Asset Control)
The part of the US Treasury Department responsible for enforcing United States economic and trade sanctions.
Related Terms
-
PBR (Consumer Cross-Border Payment)
A PBR entry is a debit or a credit entry to or from the account of a consumer where the participants are in two different countries.
Learn More