What does PERC mean in GENERAL

What is PERC?

Perc is a protocol that enables secure communication between two parties over a network connection. It was created by Payment Express Limited (PXL), an international electronic payment processing company based in New Zealand, who have been providing secure transaction solutions since 1989. The protocol uses 128-bit encryption for secure communications and also incorporates a replay attack prevention system to help protect against fraud and other malicious activities. In short, Perc ensures that your transactions are always well-protected when dealing with your customers or partners online.

How does PERC Work?

In order for the two parties involved in the transaction to communicate securely via Perc, they must first connect with each other on a particular network port - port 486. Once connected, they will be able to send requests for payment data or authorization codes securely across their respective networks using the encryption technology mentioned earlier. This means that when someone sends data through this channel they can rest assured that it will remain safe from any potential modification or theft during transit as it is encrypted at both ends of the communication channel before being transmitted over the wire.

Why Use PERC?

Perc provides businesses with a reliable way to keep their customer’s financial information safe and sound throughout all stages of a transaction process. Additionally, due to its encryption technology it also reduces the risk of fraud significantly as no information can be read without being decrypted first – making it virtually impossible for criminals to intercept sensitive data during transmission or alter it afterwords.. As such, using Perc allows businesses to build strong relationships with their customers based on trust as well as providing reassurance that their transactions are always safe and secure in every respect possible.