transmit payment

See: remit
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The new Samsung Galaxy S6 is equipped with both Near Field Communication (NFC) and Magnetic Secure Transmission (MST) technology that enable the device to wirelessly transmit payment information to either a contactless or traditional magnetic stripe merchant terminal.
Raising the bar for security in virtualized environments C Merchants, service providers, financial institutions and other entities that store, process or transmit payment cardholder data are required by card brands to comply with PCI DSS.
The European technology infrastructure and services provider SIA has awarded a contract to Orange Business Services for the provision of a managed M2M solution with global roaming services allowing remote point of sale terminals to automatically transmit payment data to the SIA technology infrastructure.
0 or another technology in the iPhone 5 to wirelessly transmit payment data, analysts have noted.
The 4-digit PIN, which is used to transmit payment credential, if abandoned might make a user susceptible to a "man in the middle attack," said Mahaffey.
the body in charge of running the system, technical glitches were discovered in the software that was supposed to transmit payment data to the Data Telecommunication System of All Banks in Japan, a platform connecting all types of domestic private financial institutions online.
For any system used to transmit payment orders that may result in the transfer of large sums, however, a depository institution receiving the payment order should be responsible for verifying the authenticity and the content of the payment order before acting on it.
The Fund will transmit payment to purchase the duly tendered and accepted shares on April 5, 2012.
MagTek is an ideal partner for EVO given their ability to create products that read and transmit payment information securely and reliably.
The Intel Smartphone Reference Device will host the Visa payWave payment application and features NFC (Near Field Communication) technology, the short range communications standard that enables mobile phones to securely transmit payment information to a payment terminal.
What's most unique about AvidPay is that our clients can maintain their existing bank accounts across one or multiple banking institutions to quickly and easily transmit payment information from their accounting system to our application, then sit back and relax, as AvidXchange manages the distribution of vendor payments on their behalf," remarked Jay Plueger, Vice President of Product Management.
All the new devices certified by Visa host the Visa payWave application on a secure SIM card and feature NFC (Near Field Communication) technology, the short range communications standard that enables mobile phones to securely transmit payment information to a contactless payment terminal.

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