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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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AAP
An accredited ACH professional certified by the National Automated Clearing House Association (NACHA).
Related Terms
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Merchant Account
An account opened through a payment processor or financial institution that allows payees to accept credit card payments from a payer.
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