Disclosed herein is a method and a system for exchanging data between a host system and a target system. A Short Message Service (SMS) based first text message, comprising a transaction request, is transmitted to a target device upon translating the text message into data packets. Further, transaction authorization ...

Disclosed herein is a method and system for establishing secure communication between a terminal device and a target system. The method comprises validating the terminal device and the target system based on a communication request received from the terminal device. Upon validation, the terminal device is signaled t...

Disclosed herein is a method and system for establishing fault tolerant communication channel between a terminal device and a target system. In an embodiment, the communication channel between the terminal device and the target system, through a primary communication gateway, is monitored for collecting state inform...

The present invention relates to a method and payment terminal for improving data communication reliability in a network during transaction processing. The payment terminal identifies a plurality of user devices in proximity to the payment terminal. Further, the payment terminal configures a Peer-to-Peer (P2P) netwo...

The present disclosure discloses a method of performing remote updation of software in a terminal device (101). The method includes obtaining a plurality of data segments (106) associated with an update file (105). Finally, the method includes providing the plurality of data segments (106) and an instruction (302) t...

The present disclosure is related to a printing driver unit, which discloses method and printer driver unit for performing a transaction by automatically transmitting data to an Electronic Data Capture (EDC) terminal. Method includes receiving, by printer driver unit associated with host computing device, first prin...

as enclosed

Embodiments herein disclose a method, system 100 and payment terminal 102 for providing reliable communication network for payment transactions. The payment terminal 102 is configured to transmit asynchronously, transaction request to a payment gateway 106 through an intermediate sender unit 104 using a first commun...