Electronic Credit Card Payment Technology

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Written by:

Mildred C


Date added:

August 21, 2011








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2 / 344


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At this point the browser generates a session key for a symmetrical encryption. This session key is now encrypted with the open/public key of the merchant and is sent to him. From this point on, the whole communication between the customer and the merchant is encrypted as well as decrypted with the key that is known to both parties...
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SET is a protocol for the secure transmission of credit card information - especially on the internet. This system uses digital signature. When the customer gets into contact with the merchant his wallet sends the merchant an initialisation request. The request contains the credit card brand as well as the first six digits...
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