GlobeSet, Inc., announced yesterday that it will guarantee full interoperability for its SET products with all SET applications from other vendors receiving a SET Mark. GlobeSet’s guarantee, the first in the industry, underscores the company’s leadership role in SET interoperability and further promotes the advancement of SET interoperability and compliancy among SET vendors.
The SET Mark, managed by SET Secure Electronic Transaction LLC, is licensed to software vendors and merchants who successfully pass SET compliancy tests (see http//www.setco.org/setmark). GlobeSet is the first and only SET vendor to enroll all four products for SET Mark testing. The SET Secure Electronic Transaction specification is the emerging standard for secure payment card transactions over the Internet.
SET interoperability is critical since many SET solutions are comprised of applications from different vendors. A SET solution includes a certificate authority (CA) application to issue and manage digital ID certificates; an electronic wallet for the card holder; a merchant POS application for the merchant server; and a payment gateway application that provides an interface to existing payment card processing systems. These SET applications must work together seamlessly to support electronic commerce over the Internet.
Today’s announcement is the latest in a series of GlobeSet milestones for SET interoperability
— February, 1998–GlobeSet announces that its SET product suite is accessible on a website () to other SET vendors for interoperability testing. To verify full interoperability, vendors run test messages between their SET applications and GlobeSet’s products.
— January, 1998–Working with MasterCard, GlobeSet’s merchant POS and gateway applications interoperate with wallet and CA applications from IBM in a SET solution for NationsBank.
— June, 1997–GlobeSet POS and wallet applications interoperate with SET applications from American Express and GTE to help make possible the first North American SET transaction in the first SET pilot, conducted for the Wal-Mart Online store. In a subsequent phase of the same pilot, the GlobeSet POS application interoperates with wallet, gateway and CA applications from IBM.
“This is an industrywide guarantee, for any and all products with the SET Mark,” said Dennis Jolly, vice president, sales and operations, at GlobeSet. “We believe, as with many others, that interoperability is key to the success of SET, so we’re proud to take a leadership role in this development. We also extend a clear and definite invitation to any SET vendor to visit our interoperability testing website at , so they can test the interoperability of their applications with ours.”
“As an OEM provider, GlobeSet has been focused on the technical issues of SET interoperability from the very beginning,” said Wes Byrne, vice president, development, at GlobeSet. “That’s why we can now guarantee full interoperability with any product receiving the SET Mark in the industry.”
GlobeSet is the world’s largest OEM provider of SET Secure Electronic Transaction software solutions for secure, credit card transactions over the Internet. The company provides applications for the electronic wallet, the merchant point of sale, the financial processing gateway, and the certificate authority. GlobeSet is a member of the SET protocol design team, and has been at the forefront of SET development since its inception. General availability for GlobeSet SET products was announced December, 1997. GlobeSet is a strategic SET solution provider for Tandem Computers, a Compaq Company. GlobeSet also provides SET solutions to Hypercom Corporation and Sun Microsystems. Founded in 1994, GlobeSet is a privately held corporation headquartered in Austin, Texas. Additional information on GlobeSet is available on the World Wide Web at .Details