Net Revenue
Net Revenue:
Discount income less interchange expense.
N
Net Payment
Net Payment:
Payment to the merchant for sales drafts less credits minus the appropriate discount fee.
Negative File
Negative File:
A collection of records (cardholder accounts) containing all accounts on which charge privileges have been revoked and/or require a voice authorization.
National Automated Clearing House Association (NACHA)
National Automated Clearing House Association (NACHA):
The national association that establishes the standards, rules and procedures that enable depository financial institutions to exchange ACH payments on a national basis.
