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Contact-Free Payment
Contact-free payments are transactions processed in a manner that removes the physical interaction between the purchaser and the merchant. A contract-free payment can be accomplished through a...
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Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Related Terms
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FISMA (Federal Information Security Management Act)
The Federal Information Security Management Act requires all federal agencies to implement cybersecurity programs to protect the information from unauthorized access.
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