Architecture for integration of point of sale terminals with financial institutions through web services

摘要

With the conventional POS payment transaction method, vendors are bound to a payment institute in theirudregion and can only use relatively expensive dedicated or slow dial-up lines to their financial institute. Thisudpaper report covers the work to produce an architecture and a prototype that supports Point of Salesudterminal payments over the Internet through web services. With the use of web services for paymentudtransactions, vendors will get more freedom to choosing their provider and the services they take withoutudhaving to throw away their legacy applications. Given the globalization of the economy, vendors canudnegotiate about services and fees with payment providers all over the world.udLiterature research and the prototype tests and evaluation in this project shows that transactions fees andudperformance of POS terminal payments transactions trough web services can be competitive toudconventional payment transactions methods and create flexibility for vendors POS terminal application.udVendor’s available Internet connections and the web services standards in the market can be used forudpayment transactions. With web services the system can be created and changed relatively fast and simpleudif the right skills are available.