• Title/Summary/Keyword: Secure Electronic Commerce Transaction Model (SECTM)

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A Study on Electronic Commerce Transaction Modeling based on SET (SET을 기반으로 한 전자상거래 트랜잭션 모델링에 대한 연구)

  • 고영철;송병열;조현규;함호상
    • The Journal of Society for e-Business Studies
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    • v.2 no.1
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    • pp.79-94
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    • 1997
  • Commerce activities which are free form space and time constraint using a communication network are called Electronic Commerce(EC). Because of sending a commercial information using open network such as Internet in EC, they need the security of commerce information (payment information and purchase information), checking the integrity of transferring data and certifying all parts participated in commerce for a secure commerce. Recently Visa and MasterCard Co. released the Secure Electronic Transaction (SET) Protocol for secure payment card transaction on Internet. This paper proposes a Secure Electronic Commerce Transaction Model(SECTM) using SET in order to support the secure commerce on Internet. The proposed transaction model prevents merchant from abusing the cardholder's payment information (credit-card number etc.) and enables cardholder to shop securely in Electronic Shopping Mall.

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