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Secure Electronic Transaction (SET) is a communications protocol standard for securing credit card transactions over networks, specifically, the Internet. SET was not itself a payment system, but rather a set of security protocols and formats that enabled users to employ the existing credit card payment infrastructure on an open network in a secure fashion. However, it failed to gain attraction in the market. Visa now promotes the 3-D Secure scheme.
Secure Electronic Transaction (SET) is a system for ensuring the security of financial transactions on the Internet. It was supported initially by Mastercard, Visa, Microsoft, Netscape, and others. With SET, a user is given an electronic wallet (digital certificate) and a transaction is conducted and verified using a combination of digital certificates and digital signatures among the purchaser, a merchant, and the purchaser's bank in a way that ensures privacy and confidentiality
and 27 Related for: Secure Electronic Transaction information
SecureElectronicTransaction (SET) is a communications protocol standard for securing credit card transactions over networks, specifically, the Internet...
Financial Exchange), OFX (Open Financial Exchange) and SET (SecureElectronicTransaction) are tailored for the North American market, HBCI is designed...
Electronic business (also known as online business or e-business) is any kind of business or commercial transaction that includes sharing information...
variables in Unix and Microsoft operating-systems SecureElectronicTransaction, a standard protocol for securing credit card transactions over insecure networks...
on secured payment transaction services and other secured corporate information systems on the World Wide Web. In 2016, a campaign by the Electronic Frontier...
the 1980s. An electronic signature is intended to provide a secure and accurate identification method for the signatory during a transaction. Definitions...
1990s by Certco for the planned deployment of the original Secureelectronictransaction. However, in October 2012, after a number of large public website...
demand for secure online financial transaction applications. Verifone has designed applications conforming to the SecureElectronicTransaction (SET) standards...
with a transaction account or current account, cards with an Electronic Cash logo were only handed out by proper credit institutions. An electronic card...
System (NFS) version 4 Protocol April 2003 NFS v 4 RFC 3538 SecureElectronicTransaction (SET) Supplement for the v1.0 Internet Open Trading Protocol...
financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves...
transaction terms for merchants, card-issuing banks, and acquiring banks. Transaction network: The system that implements the mechanics of electronic...
India more secure and efficient. It has made RTGS compulsory for high-value transactions. It introduced NEFT and NECS (National Electronic Clearing Services)...
if the transaction is posted to the receiver's electronic system. Business Level Acknowledgement – the final indicator shows if the transaction is accepted...
control, where time and place are factors; and transaction logging, where activity is recorded. Electronic locks can also be remotely monitored and controlled...
and certification; secure archiving that goes beyond records management; and a variety of meta-processes around managing electronic transactions and the...
Europe. The attraction of online banking is fairly obvious: diminished transaction costs, easier integration of services, interactive marketing capabilities...
"Secure Sensitive Data with the BIG-IP Hardware Security Module" (PDF). F5. F5 Networks. 2012. Retrieved 2023-04-28. "Application and Transaction Security...
Electronic Arts Inc. (EA) is an American video game company headquartered in Redwood City, California. Founded in May 1982 by former Apple employee Trip...
of any amount, prior to approving the transaction, which incurred a short delay. Later, equipment electronically contacted the card issuer, using information...
cards require electronic authorization of every transaction, and the debits are reflected in the user's account immediately. The transaction may be additionally...
to facilitate secure and seamless electronic transactions within the European Union. Member states are required to recognise electronic signatures that...
processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit...
can be equipped with capability to provide transaction security. Typically, online payments are made secure thanks to the Card Security Code (CSC), also...
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