A SYSTEM AND METHOD FOR ENABLING A TRANSACTION BY EXTRACTION OF TRANSACTION DATA

摘要

The Invention generally relates to a system and method of executing a transaction using the said system by composing and sending a data packet by a communication channel to a transaction server or to a clearing house server. The invention in general may comprise a user device wherein various modules may be stored or installed in the memory in order to perform a fast and secure transaction. The source of information which may be required for the transaction may be in the form of means for the transaction data.