Secure electronic transaction is a protocol standard that secures credit card transactions over the internet. This allows people to make credit card payments for items in a secure fashion over an open network.
Electronic Transaction Standard
An 820 Transaction in regards to an Electronic Funds Transfer is the software program that starts the transfer process. An 820 Transaction and the EFT are actually the same thing.
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electronic commerce
Electronic funds transfer (eft)... Within the network of Ecommerce, or an Ebrokerage...
Nonrequdiation
Electronic remittance notice
No. Electronic Funds Transfer does not require a deposit slip. All electronic transactions are initiated through the banks website and is completed in a paperless fashion. The bank might print out daily or monthly transaction lists but for a single transaction, no paper slips are required.
Are electronic claims edited at a higher standard than paper claims
Are electronic claims edited at a higher standard than paper claims
Security Standard