VAR Sheet

A VAR Sheet is a file containing information, such as merchant account information, bank account information, processor information, etc. This file is typically given to a payment gateway, allowing for communication between the gateway and the merchant account provider.

Related Terms

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    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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    Risk management is the act of carefully examining business processes to prevent the possible loss of revenue and other assets. Learn More

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