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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...
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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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FCRA (Fair Credit Reporting Act)
The Fair Credit Reporting Act protects consumers from inaccurate information that may be found within credit reports.
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