Tokenization

Tokenization replaces sensitive financial account information with a random string of characters, called a token. Learn More

Related Terms

  • 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
  • Authorizations (Card Processing)

    All transactions must be authorized via terminal, cash register, voice authorization, or automated voice response phone system (IVR).

    Learn More