Transaction (or Tx)

In the payments industry, the term "transaction" is used to indicate exchanging of a specified amount of funds from a shopper for purchasing products or services from a merchant, or for fulfilling any other obligations between the two parties.

Funds are usually transferred by means of card payments or local payment methods (bank transfers, e-wallets, mobile payments, etc.).

Tx is a commonly used abbreviation to denote a financial transaction.