-
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.
Learn More
POP (Point-of-Purchase)
A one time debit entry to the account of a receiver whom is notified, at the point of purchase, that their check (source document) will be converted into a single entry ACH transaction. The source document must be voided and returned to the receiver at the point of purchase.
Related Terms
-
OCR (Optical Character Recognition)
A technology that enables you to convert different types of documents into editable and searchable data.
Learn More
