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Short Take: VeriFone gets export OK

VeriFone has received government approval to export its Secure Electronic Transaction (SET)-based e-commerce products, including its vGATE, vPOS, and vWALLET software. The software uses 1024-bit key size for public-key encryption and digital signatures, and 64-bit Data Encryption Standard (DES) for bulk encryption.

VeriFone has received government approval to export its Secure Electronic Transaction (SET)-based e-commerce products, including its vGATE, vPOS, and vWALLET software. The software uses 1024-bit key size for public-key encryption and digital signatures, and 64-bit Data Encryption Standard (DES) for bulk encryption.