Secure Credit Card Processing
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3-D Secure - 3-D Secure (tm) is a xml-based protocol to allow authentication of cardholders of credit card companies in epayment transactions. The protocol was developed by Visa and was adopted under the names Verified By Visa and Mastercard Secure Code.
Secure electronic transaction - Secure electronic transaction (SET) is a standard protocol for securing credit card transactions over insecure networks, specifically, the Internet. SET was developed by VISA and MasterCard (involving other companies such as GTE, IBM, Microsoft and Netscape) starting in 1996.
Credit card - A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. A credit card is different from a debit card in that the credit card issuer lends the consumer money rather than having the money removed from an account.
Credit card debt - Credit card debt is an example of unsecured consumer debt. It results when a customer of a credit card company does not pay the company for the money he or she has spent.
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