E-XACT

Computer software for the transmission, authentication, verification, authorization, processing, encryption and protection of financial transaction information transferred by means of a global computer network, IVR/telephone, cash register and/or other electronic point of sale mechanisms; computer software for processing financial credit card transactions including transaction verification, authorization and transfer for settlement

Financial services, namely financial transaction processing over computer networks by means of a global computer network, IVR/telephone, cash register and/or other electronic point of sale mechanisms; processing electronic financial credit card transactions including transaction verification, authorization and transfer for settlement, but not including banking services or funds handling