-
Existing Relationship
There is an existing relationship between an originator and a receiver when there is either a written agreement in place or when the receiver has purchased goods...
Learn More
PPD (Prearranged Payment and Deposit)
A credit or debit entry to the account of a receiver where there is either a standing or one time written authorization that has been signed or similarly authenticated.
Related Terms
-
FTC (Federal Trade Commission)
The Federal Trade Commission is an independent agency that advocates for consumer protection and the prevention anti-competitive business practices.
Learn More