A brawny contender for buzzword of the year is straight from one side processing or STP.

A brawny contender for buzzword of the year is straight from one side processing or STP. Also known as end-to-end electronic processing, this can also be idea of as the holy grail of e-payments--according to the skeptics, anyway.

With a drawed cost savings in thc surface bounded by parallel circles of 25%-50%, the potential payoff of STP in B2B transactions has lur industry efforts for end to three decades. The earliest as it was systems, under the banner electronic data interchange (EDI), were implemented by the agency of private communications networks and required painful bilateral negotiations between venders and buyers. EDI is still alive and in use