good news, re: 'my guess'..., If only KTCC were mentioned:
Monday May 5 10:05 AM EDT
Microsoft( Microsoft Corp ),HP,VeriFone in net commerce plan
REDWOOD CITY, Calif., May 5 (Reuter) - Microsoft Corp on Monday said it plans to work with Hewlett-Packard Co and Verifone Inc to develop Internet commerce products.
Microsoft said the collaboration will yield pilot and production products based on the secure electronic transaction (SET) protocol standard, allowing merchants to set up Internet storefronts, accept Internet payments and conduct SET transactions over the World Wide Web.
Financial details were not disclosed.
Microsoft said it will bring its desktop presence and provide merchant commerce software to the alliance while HP will contribute hardware and software systems, and VeriFone will supply its Internet payment products and technology.
This cooperation expands upon previous, independently announced agreements involving the three companies and marks the first end-to-end integrated joint initiative supporting the SET standard, Microsoft said.
The SET protocol, originally created by Visa and MasterCard, is being developed by Visa, MasterCard, VeriFone and other companies as an emerging standard for Internet bank card transactions. |
