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value-added network

   Also found in: Wikipedia 0.18 sec.

value-added network

A communications network that provides services beyond normal transmission, such as automatic error detection and correction, protocol conversion and message storing and forwarding. Telenet and Tymnet are examples of value-added networks.



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ADC offers value-added network equipment, software and systems integration services to consumers and businesses.
NYSE:FDC), a global leader in electronic commerce and payment services, today announced that it has completed the acquisition of approximately 80% interest in Korea Mobile Payment Services (KMPS), a leading provider of Value-Added Network (VAN) services, an authorization switcher that provides a network between merchants and issuers.
NYSE:FDC), a global leader in electronic commerce and payment services, today announced that it has signed an agreement to acquire approximately 80% interest in Korea Mobile Payment Services (KMPS), a leading provider of Value-Added Network (VAN) services.
 
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