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2. E-commerce credit card payment system - Wikipedia

   en.wikipedia.org/wiki/E-commerce_credit_card...

   E-commerce credit card payment system. Electronic commerce, commonly known as e-commerce or eCommerce, or e-business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet ...

3. Four Corners Model for Payment Security - Wikipedia

   en.wikipedia.org/wiki/Four_Corners_Model_for...

   The Four Corners model, often referred to as the Four Party Scheme is the most used card scheme in card payment systems worldwide. This model was introduced in the 1990s. It is a user-friendly card payment system based on an interbank clearing system and economic model established on multilateral interchange fees (MIF) paid between banks or other payment institutions.

4. Secure Electronic Transaction - Wikipedia

   en.wikipedia.org/wiki/Secure_Electronic_Transaction

   Secure Electronic Transaction (SET) is a communications protocol standard for securing credit card transactions over networks, specifically, the Internet.SET was not itself a payment system, but rather a set of security protocols and formats that enabled users to employ the existing credit card payment infrastructure on an open network in a secure fashion.

5. Card scheme - Wikipedia

   en.wikipedia.org/wiki/Card_scheme

   The card scheme uses the respective guidelines to process the card exchange data from the acquiring to the issuing bank, and vice versa, until the payment is fully completed (or denied). Credit and debit cards work with a four-party scheme, completing an open-circle framework that permits consistent flow of transactions; thus, allowing the ...

6. 3-D Secure - Wikipedia

   en.wikipedia.org/wiki/3-D_Secure

   3-D Secure. 3-D Secure is a protocol designed to be an additional security layer for online credit and debit card transactions. The name refers to the "three domains" which interact using the protocol: the merchant/acquirer domain, the issuer domain, and the interoperability domain. [1]

7. EMV - Wikipedia

   en.wikipedia.org/wiki/EMV

   An EMV credit card. EMV is a payment method based on a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. EMV stands for " Europay, Mastercard, and Visa ", the three companies that created the standard. [1]