Payment Glossary

ATX (Financial EDI Acknowledgement)

An ATX entry is an acknowledgement by the receiving depository financial institution (RDFI) confirming the receipt of a corporate trade exchange (CTX) credit entry.

Related Terms

  • Merchant

    A merchant is business that exchanges goods for monetary funds.

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  • SSL (Secure Sockets Layer)

    SSL, proceeded by TLS, is a security protocol that encrypts data and enabled authentication between applications over a network.

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