1.5 10K Transactions – License Metric Definition

10K Transactions: is defined as ten thousand transactions processed through the Program during a 12 month period.

For the purposes of the Oracle Banking Payments programs, transactions include payments, messages and files data exchanged. Transactions can be, but are not limited to funds transfers, card payments, online payments, mobile payments, financial service kiosk originated payments, biometric payments, P2P payments, electronic direct debits, instruments collections, demand drafts and banker’s cheques. Each record processed in a bulk file will be counted as a transaction.