transaction security

Other features include two gigabytes of online backup storage and a transaction security component for safe Internet shopping.

In addition to methods employed for transaction security and secrecy, all communications traffic between the ATM and the Transaction Processor may also be encrypted via methods such as SSL.

KasPay's transaction is done through the transfer of money, so it is more secure and safe from frauds including credit card frauds and transaction security is always ensured with a confirmation via e-mail and records.

However, FEPs also perform other vital functions, that are closely linked to transaction applications, including message and transaction switching, multiplexing, transaction security, Quality of Service guarantors, and end-to-end transaction management and reporting.

The UK has converted all debit cards in circulation to Chip and PIN (except for Chip and Signature cards issued to people with certain disabilities), based on the EMV standard, to increase transaction security; however, PINs are not required for internet transactions.

Examples of data which could be protected by this strategy include banking data (account numbers, banking transactions, etc.) Application-level transaction security is the most secure form of protection but also the most costly in terms of CPU and I/O bandwidth consumption of both the sending and receiving servers.