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Secure Electronic Transaction

Index Secure Electronic Transaction

Secure Electronic Transaction (SET) is a communications protocol standard for securing credit card transactions over networks, specifically, the Internet. [1]

23 relations: Acquiring bank, Blinding (cryptography), Certificate authority, Communication protocol, Computer network, Credit card, De facto standard, GTE, IBM, Internet, Issuing bank, Mastercard, Merchant, Microsoft, Netscape, Payment gateway, Payment system, RSA Security, Science Applications International Corporation, Verisign, Visa Inc., X.509, 3-D Secure.

Acquiring bank

An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant.

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Blinding (cryptography)

In cryptography, blinding is a technique by which an agent can provide a service to (i.e., compute a function for) a client in an encoded form without knowing either the real input or the real output.

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Certificate authority

In cryptography, a certificate authority or certification authority (CA) is an entity that issues digital certificates.

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Communication protocol

In telecommunication, a communication protocol is a system of rules that allow two or more entities of a communications system to transmit information via any kind of variation of a physical quantity.

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Computer network

A computer network, or data network, is a digital telecommunications network which allows nodes to share resources.

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Credit card

A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts so paid plus the other agreed charges.

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De facto standard

A standard is a custom or convention that has achieved a dominant position by public acceptance or market forces (for example, by early entrance to the market).

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GTE

GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), was the largest independent telephone company in the United States during the days of the Bell System.

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IBM

The International Business Machines Corporation (IBM) is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries.

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Internet

The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.

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Issuing bank

An issuing bank is a bank that offers card association branded payment cards directly to consumers.

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Mastercard

Mastercard Incorporated (stylized as MasterCard from 1979 to 2016 and mastercard since 2016) is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York, United States.

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Merchant

A merchant is a person who trades in commodities produced by other people.

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Microsoft

Microsoft Corporation (abbreviated as MS) is an American multinational technology company with headquarters in Redmond, Washington.

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Netscape

Netscape is a brand name associated with the development of the Netscape web browser.

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Payment gateway

A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.

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Payment system

A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.

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RSA Security

RSA Security LLC, formerly RSA Security, Inc. and doing business as RSA, is an American computer and network security company.

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Science Applications International Corporation

Science Applications International Corporation (SAIC) is an American company headquartered in Reston, Virginia that provides government services and information technology support.

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Verisign

Verisign, Inc. is an American company based in Reston, Virginia, United States that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the,, and generic top-level domains and the and country-code top-level domains, and the back-end systems for the,, and top-level domains.

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Visa Inc.

Visa Inc. (also known as Visa, stylized as VISA) is an American multinational financial services corporation headquartered in Foster City, California, United States.

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X.509

In cryptography, X.509 is a standard that defines the format of public key certificates.

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3-D Secure

3-D Secure is an XML-based protocol designed to be an additional security layer for online credit and debit card transactions.

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Redirects here:

SET architecture, SETco, Secure electronic transaction, Secure electronic transfer.

References

[1] https://en.wikipedia.org/wiki/Secure_Electronic_Transaction

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