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secure transaction

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A transaction that has been encrypted for online transmission. See secure Web server.


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Established in 1999, Datawire has proven the benefits of the VXN through successful connectivity to industry-leading payment processors and integration with many point-of-sale applications and devices to provide fast and secure transaction transport.
The acquisition of Intelligent Results allows us to continue to secure transaction processing volume by integrating high-quality, value-added analytics products into the processing stream, and clearly supports First Data's strategies of growing its core business and expanding its products," said Sara Bonn, chief product and innovation officer, First Data.
According to research by Auriemma Consulting Group (ACG), 50 percent of consumers say that inputting their debit card PIN at the point of sale constitutes a more secure transaction than one in which they sign a receipt.
 
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