What do you mean by secure SET( BCA-6th semester)

 Definition Secure electronic transaction:-

protocols for security credit card transaction over the network with the help of internet service it is not payment system but it is set of security of protocols and format which enable used to employer current credit payment instruction on an open network it is standard which ensure that is credit card and association payment order information transfer safety and security between the world virus person and internet.

Features of secure electronic transaction:-

1). continues

2). Flexible and portable

3). Card holder

4). Payment

objective of secure electron transaction:-

1). Provide the authority to card holder is the limited use of branch payment

2). Protocols which other depend on safety and security

3). Provide confidence to cut holder

4). Independent software requirement payment

5). Create relationship between different bank authority.

Basic requirements of Secure election transfer:-

1). Online transaction

2). use Plastic money

3). Provide confidence of payment

4). Flexibility and portability

5). Limited use of money