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Short Take: MasterCard SET to go in Denmark

IBM, MasterCard, and Danish Payment Systems have tested what they call the first end-to-end secure Internet transaction. Using the Secure Electronic Transaction protocol, an industry standard for securing online transactions, they launched a pilot project that is set to begin in January. Three merchants as well as 500 to 1,000 customers in Denmark will make online purchases using an Eurocard-MasterCard and an attached Internet certificate, which confirms their identities.

Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
Jeff Pelline
, MasterCard, and Danish Payment Systems have tested what they call the first end-to-end secure Internet transaction. Using the Secure Electronic Transaction protocol, an industry standard for securing online transactions, they launched a pilot project that is set to begin in January. Three merchants as well as 500 to 1,000 customers in Denmark will make online purchases using an Eurocard-MasterCard and an attached Internet certificate, which confirms their identities.