GlobeSet, Inc. has announced general availability of the GlobeSet Payment System, a suite of four applications based on the Secure Electronic Transaction 1.0 protocol. The GlobeSet Payment System is available through GlobeSet’s OEM channel partners, including Tandem Computers, Hypercom Corporation, and Sun Microsystems.
In another release today, GlobeSet announced GlobeSet Payment System support for major platforms including IBM AIX, HP-UX, Sun Solaris, Windows NT, and Digital Unix. Support for Tandem’s NonStop Kernel (NSK) platform will be available first half of 1998.
General availability of the GlobeSet Payment System represents another example of GlobeSet’s leadership role in SET technology. Developed by MasterCard, Visa, and their technology partners, including GlobeSet, SET is recognized as the emerging standard for secure payment card transactions over the Internet.
The GlobeSet Payment System includes all four applications required for SET transactions:
— GlobeSet Wallet, a cardholder application that stores a buyer’s account information and communicates with merchants via the SET protocol
— GlobeSet POS, a software point-of-sale application that connects the merchant to the buyer’s electronic wallet and to the financial payment gateways
— GlobeSet Gateway, a payment gateway application connecting the merchant to the payment processor’s legacy systems for payment authorization
— GlobeSet CA, a digital certificate application that generates and manages the digital identification certificates supporting SET-based, public-key encryption
“This has been an incredible year for GlobeSet,” said Michael Cation, chairman and CEO. “The SET market has evolved faster than anyone expected, and GlobeSet has been helping our OEM partners keep up the pace with first-to-market implementations in the U.S. and Europe. Now, with product general availability, we’re ready to move even faster with the best technology, in-depth implementation experience, and a proven OEM strategy to ensure that our partners can continue to expand their leadership in markets all over the world.”
GlobeSet provides a fully integrated suite of SET applications for secure, credit card transactions over the Internet. A member of the SET protocol design team, the company has passed SET compatibility testing sponsored by Visa and MasterCard (May, 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