Thursday, January 12, 2006

Visa and Mastercard mull open standard for transaction security

The New York Times reports that Visa and Mastercard have been quietly meeting to discuss setting up an open standards body to set best pactices for the processing of electronic and payment card transactions. See: Credit Card Rivals to Unite in Data Protection Effort - New York Times.

Technorati tags: Privacy :: Credit Cards :: Electronic Payments :: Open Standards :: Security

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