Acquirer Reference Number (ARN)
An Acquirer Reference Number (ARN) is a unique code that is assigned to a transaction by the acquiring bank or the payment processor for the purpose of identification and tracking. It serves as a crucial reference point in the payment process, aiding in the reconciliation of transactions and providing a means for tracing the journey […]
An Acquirer Reference Number (ARN) is a unique code that is assigned to a transaction by the acquiring bank or the payment processor for the purpose of identification and tracking. It serves as a crucial reference point in the payment process, aiding in the reconciliation of transactions and providing a means for tracing the journey of a specific payment. The ARN is essential in resolving any issues or disputes that may arise during the processing of electronic payments, ensuring transparency and accountability in the payment system.
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