SET

TweetSET is the Secure Electronic Transaction protocol developed by Visa and MasterCard specifically for enabling secure credit card transactions on the Internet. It uses digital certificates to ensure the identities of all parties involved in a purchase and encrypts credit card information before sending it across the Internet. SET is exempt from the US cryptographic [...]

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TweetFrom all the media hype surrounding electronic commerce, a newcomer could be forgiven for thinking that making money on the ‘Net is easy. Trust me, it’s not. A successful Web merchant has to carefully select the product or service they are going to sell, choose an e-commerce solution, and then build their store. But that’s [...]

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TweetThe protracted demise of the Secure Electronic Transaction protocol (otherwise known as SET) is now complete. Designed to bolster fraud prevention on Internet credit card transactions, SET was beleaguered by complexities that made full implementation untenable. Still, with the laborious passing of SET, new and improved approaches to securing online transactions are visible on the [...]

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