Definitions for "Secure Electronic Transaction"
The "Secure Electronic Transaction" protocol supports the encrypted transmission of user data across the internet.
The process of sending secure financial transactions over the Internet. Transactions are conducted and verified using a combination of digital IDs between the purchaser, the purchaser's bank and the merchant.
A set of standards for making credit card purchases securely over the Internet. The standards are being jointly developed by Visa, MasterCard, and American Express.