Payment Glossary

SSL (Secure Sockets Layer)

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

Related Terms

  • Corporate Trade Exchange (CTX)

    A corporate trade exchange (CTX) is a system used by corporations and agencies of the government for monetary transfer. They are primarily used to pay trading partners...

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  • PBR (Consumer Cross-Border Payment)

    A PBR entry is a debit or a credit entry to or from the account of a consumer where the participants are in two different countries.

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