http://spf13.com/post/soap-vs-rest

SOAP:
– Transport Independant (REST requires HTTP. SOAP can work on HTTP, SMTP, etc)
– Built in Error Handling
– Only XML
– Provides good ACID Transactions.
– Exposes pieces of application logic , Exposes operations
– Enterprise level security since it supports WS-Security
– Suitable for banking applications

REST
– Easier Learning Curve
– Efficient and Fast : Smaller message format
– Can use XML, JSON, etc
– REST gives access to named resources

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