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ACH Debit
An ACH debit occurs when the receiver’s account is debited.
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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.
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DFI (Development Finance Institution)
A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.
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