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STRAIGHT-THROUGH PROCESSING 101: WHAT IT IS AND HOW TO GET STARTED
The goal of a Straight-Through Processing (STP) system is to streamline processing so that the entire payment cycle follows an automated process from the initiation of the transaction to finalizing the payment. STP speeds up financial transaction processing through efficient data sharing. The goal of an STP.
Since STP requires no manual intervention, it is significantly faster and more efficient than traditional methods, which require a virtual gateway, physical card reader, POS system, or physical checks.
https://paynation.us/streamline-payments-with-stp/
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