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The Java API for XML Messaging (JAXM) enables developers to use XML messaging using the Java platform. Developers can create and send XML messages over the internet using the JAXM API. [1] The following figure presents a conceptual relationship between JAXM and other architectural elements required in web-based, business-to-business messaging.
The payment gateway converts the message from XML to ISO 8583 or a variant message format (format understood by EFT Switches) and then forwards the transaction information to the payment processor used by the merchant's acquiring bank. The payment processor forwards the transaction information to the card association (e.g. Visa, Mastercard ...
The payment could be deducted from a pre-paid account or charged to a mobile or bank account directly. Mobile payment method via NFC faces significant challenges for wide and fast adoption, due to lack of supporting infrastructure, complex ecosystem of stakeholders, and standards. [25] Some phone manufacturers and banks, however, are enthusiastic.
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally. SFMS can be used for secure communication within the bank and ...
the Simple API for XML parsing interface or SAX interface; the Streaming API for XML or StAX interface (part of JDK 6; separate jar available for JDK 5) In addition to the parsing interfaces, the API provides an XSLT interface to provide data and structural transformations on an XML document.
The specification allows for bank- and application-specific extensions, although only a subset is necessary to describe a financial transaction. Versions 1.0 through 1.6 relied on SGML for data exchange, but later versions are XML based. According to the main OFX site, "The specification is freely licensed, allowing any software developer to ...
If your card number has changed, you must add a new card. 1. Sign in to your My Account page. 2. Click My Wallet. 3. Click Payment Methods. 4. Click Add Credit or Debit Card. 5. Enter the new info. 6. Click Submit.
SAX (Simple API for XML) is an event-driven online algorithm for lexing and parsing XML documents, with an API developed by the XML-DEV mailing list. [1] SAX provides a mechanism for reading data from an XML document that is an alternative to that provided by the Document Object Model (DOM).