SET encodes the credit card numbers stored on merchants' servers. This standard, created by Visa and MasterCard, enjoys wide support in the banking community.
A method of electronic communication that uses standardized digital signatures to ensure secure credit card transactions over the Internet.
Secure Electronic Transaction specification designed by Mater Card and Visa to facilitate financial transactions via the Internet. Set encodes the credit card numbers stored on merchants' servers and enjoys wide support in the banking community. The first SET-enabled commerce is already being tested by Asia. Return to the top
This is a newly developed standard for making secure credit card transactions on the Internet. Security is achieved by allowing merchants to verify a buyer's identity through a digital signature. Furthermore, customers will be able to avoid giving out their credit card numbers to merchants by submitting their information directly to the credit card issuer for verification and billing. Security - In the computer world, a means to allow access to only those who should have it. security includes the use of passwords to protect your account. Also See Hacking, Encryption
A secure payment protocol developed by credit card companies to ensure security of information for bankcard transactions over the Internet. This ensures that know one else can get your credit card information when you are sending it to the merchant you are doing business with.
A secure payment protocol developed by Visa and MasterCard to ensure security for credit card transactions over the Internet.
A secure payment protocol developed by MasterCard and Visa designed to ensure security for bankcard transactions over the Internet. In denying merchants access to credit card information, securing details between the shopper and the bank. Cardholder- The person authorized to use the credit card.
A standard sponsored by Visa and MasterCard that provides secure communications across the Internet among the card provider, cardholder, cardholderâ€(tm)s financial institution and the merchantsâ€(tm) financial institutions.