SET and eWallet, Items 1 to 50

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  1. Google Eyes Retail Sector, by David Miller, ECommerce-Guide, 3-17-2006 Google appears to be gearing up to challenge PayPal as an online payment processor. It has quietly introduced a direct payment system within its Google Base classified advertising site, a service that is still experimental, but widely considered to be a major e-commerce initiative in the works.
  2. PayPal Sweetens Micropayments for Online Merchants, by John P. Mello Jr., E-Commerce Times, 9-7-2005 Following the model of music download sales, online payment processor PayPal has announced a new micropayment pricing scheme that allows merchants to sell low-priced goods, especially those selling for less than $2, more economically through PayPal.
  3. PayPal Reduces Micropayments, by Tim Gray, ECommerce-Guide, 9-1-2005 PayPal has introduced new pricing for low-cost digital content selling for less than $2 to 5% plus 5 cents per transaction, a move intended to allow online merchants to process payments for goods such as online greeting cards, music downloads and news.
  4. Is Pay-Per-View Next for the Search Heavyweights?, by Kevin Lee, ClickZ Experts, 6-24-2005 Rumors suggest the Google is developing a micropayment system that may finally solve the long-standing problem of how to sell access to online content, conveniently, on the fly, and in small increments.
  5. Big Changes in Small Payments, by James Maguire, ECommerce-Guide, 3-23-2004 Micropayment systems can make it practical for e-tailers to process payments for small-ticket items. This survey of options presents the pros and cons of several systems, including PayPal, BitPass, Yaga and Peppercoin.
  6. The Death of Micropayments?, by Elizabeth Millard, E-Commerce Times, 1-12-2004 Although many companies have failed (Cybercoin, Digicash, Millicent), and the boom-era survivors are struggling (BitPass, Paystone), some optimists still believe the micropayment model can work. They point to Apple's iTunes Music Store, and say the key is to simplify the process for consumers.
  7. Yahoo To Challenge PayPal in Global Arena, by Keith Regan, E-Commerce Times, 12-15-2003 Yahoo plans to compete with market leader Paypal, by launching an international version of its PayDirect service, using disposable (stored-value) ATM cards as the method of transferring payments, and offering features not available through Paypal.
  8. Microsoft Passport and the Future of Authentication, by Jack M. Germain, E-Commerce Times, 9-25-2003 Microsoft's .NET Passport system leads the pack in online authentication services designed to make accessing e-commerce sites easier, faster and more secure, but it faces competition from the Sun-led Liberty Alliance Group.
  9. Micropayments Seen Driving Paid Content, by Erin Joyce, InternetNews.com, 7-15-2003 The success of Apple Computer's iTunes music service, selling individual song downloads at 99 cents apiece, is leading other paid content providers, such as sports sites, to re-consider micro payments as a viable option, using standard payment systems rather than online currency systems or wallets.
  10. Barewalls.com sees expanded customer base in 7-Eleven kiosks, by , Internet Retailer, 4-9-2003 Barewalls.com has joined other retailers selling over the Cyphermint Inc. kiosk network in 1,500 7-Eleven Stores, allowing payment with checks or the Cyphermint Pay By Cash account.
  11. Did PayPal Kill Online Payment Systems?, by Keith Regan, E-Commerce Times, 4-1-2003 Among online payment systems, PayPal has outlasted early competitors such as Beenz and RocketCash, and become a dominant force. The questions now: can other services succeed in the shadow of PayPal, and can PayPal diversify to increase its dominance?
  12. SMS: Publishers Turn Cents Into Dollars, by Vin Crosbie, ClickZ, 12-3-2002 While e-wallet systems like Microsoft Passport are incapable of dealing with volume transactions at the $0.01 to $0.05 per view threshold required for some models of paid publishing, mobile phone SMS technology can do the job with ease right now.
  13. Content Billers Need to Cooperate, Not Compete, by Vin Crosbie, ClickZ, 12-31-2002 In Germany, Denmark and Norway, large groups of competing online publishers are working together to develop standardized micropayment systems to support the goal of charging end users for access to content in a consumer-friendly way. Others should follow their example.
  14. E-Wallet Creates Receipts And Tracks Customer Buys, by Paul McDougall, Information Week, 9-9-2002 Reviews hopes and concerns that E-retailers have about Microsoft's MSN Wallet, the authentication and E-commerce software that will replace Microsoft's Passport Express checkout platform.
  15. MasterCard's Response to the Online Payments Quandary, by Mark Merkow, ECommerce-Guide, 1-10-2002 A close look at MasterCard's Secure Payment Application (SPA), one of two competing payment card systems (the other is Verified by Visa) that are building momentum as SET fades into the sunset. Focus on how merchants will work with SPA.
  16. Taking Care of the Pennies, by Paul Lang, Sell It!, 1-16-2002 Overview and update on payment systems that enable online merchants to sell small units of content economically. Covers both billing aggregation systems (eCharge, Trivnet, iPIN) and micropayment services (Qpass, RocketCash, Millicent).
  17. Online Payment Technology: Safer Than Credit Cards?, by Tim McDonald, E-Commerce Times, 12-12-2001 PayPal's person-to-person secure online payment system is making major bank and credit card companies nervous, because it works well, it's inexpensive and efficient for consumers, it offers first-rate fraud prevention, and it can circumvent traditional banking methods.
  18. Who Needs Cash When There's Electronic Money?, by Merle, InternetDay, 12-20-2001 Survey of leading electronic payment services that are alternatives to credit card transactions for online purchases: PayPal, BidPay, Yahoo Pay Direct, and C2IT (Citibank). Includes summary of costs to merchants accepting payment.
  19. B2B eRetailer Grows Sales 85% by Launching Second,, by Michael Hurwicz, Web Techniques, 12-1-2001 Update on micropayment systems, discusses why past efforts like Beenz, Cybercent, Digicash, and Flooz have failed; why others like NTT's DoCoMo system in Japan have succeeded; and what may develop through efforts by Clickshare and Microsoft Passport.
  20. Beenz.com Closes Internet Currency Business, by Mark W. Vigoroso, E-Commerce Times, 8-17-2001 Online currency systems Beenz and Flooz shut down operations within a week of each other. The big problem for both was lack of critical mass, both in outlets accepting the payment scheme, and in consumers using it. Credit cards have won the day.
  21. epaynews.com ePayments Resource Center, by , Trintech Group, Weekly newsletter covers online payments. Archive section includes: banking, eCommerce, mCommerce, merchants, business payment, and payment technologies. Sections include news feeds on their respective topics.
  22. Why pay-as-you-go Internet isn't quite ready for prime time, by David Coursey, ZDNet AnchorDesk, 7-16-2001 Discuss the problems with micropayment systems, but expects to see Microsoft or AOL seek to develop one in the future. Lots of "talk back" discussion on micropayments.
  23. Digital Wallet Usage Lagging, by , CyberAtlas, 2-17-2001 A survey of 14,000 online buyers by BizRate.com found that shoppers aren't using digital wallets. 38% were familiar online wallets, 22% had used them for an online transaction, and only 5% used them frequently. Shoppers using wallets spend nearly $200/ month online.
  24. Beyond SET: Enhanced Security for Online Transactions, by , Sell It!, 2-21-2001 As SET fades into oblivion, new and improved approaches to securing online transactions are emerging. Overview of three promising approaches: Payer Authorization (PIN numbers for card-not-present transactions); American Express Private Payments; and Visa' s Smart Card program.
  25. Wallets and Their Limits, by Dana Blankenhorn, A-Clue.com, 10-23-2000 Update on the variety of wallet systems available. The downside is that wallets are not uniformly supported by merchants. Until that happens, progress will be slow.
  26. PayPal.com goes International, by , PayPal.com, 11-1-2000 PayPal.com now allows payment transfers to 25 countries, plus the US. Countries include are European countries, Australia, Brazil, Hong Kong, Israel, Japan, Mexico, New Zealand, Singapore, South Africa, and South Korea. Notably missing so far is India.
  27. Review: EZCMoney, by Alexis D. Gutzman, E-Commerce Guide, 9-26-2000 Brief, positive review of the new online payment service from EZCardInc, which competes with PayPal and other eWallet plans. It's available to customers and merchants from any country, charges low merchant fees, and has good privacy features for customers
  28. Cutting the E-Purse Strings: New Purchasing Alternatives for Teens, by Geneva J. King, ChannelSeven, 8-16-2000 Online spending by teens is expected to increase to $1.3 billion by 2002, but there's a hitch. Most teens don't qualify for credit cards. Survey analysis of teen-oriented payment systems that address the problem: RocketCash, DoughNet, Solspark.
  29. Are E-Wallets More Trouble Than They're Worth?, by Joe Ashbrook Nickell, Web Review, 11-12-1999 Explains how theoretically wallets make shopping easier, but slow consumer interest and lack of uniformity make adoption slow, even after adoption of a common ECML standard.
  30. Consumers Yet to Pocket Digital Wallets, by Mary Hillebrand, E-Commerce Times, 9-7-1999 A BizRate.com survey of 6,800 online shoppers shows that few even know they have digital wallets on their computers and even fewer actually use them. 58% said they have never heard of them. Among the few who are aware of wallets, most are familiar with Microsoft Wallet, followed by eWallet and then AOL's wallet.
  31. The Digital Wallet, by Whit Andrews, Internet World, 10-15-1999 Digital wallets are better positioned for success now than ever before, according to this update on the subject. Considers e-wallet technology from vendors including Qpass, Brodia, Gator, IBM, Microsoft, CyberCash, and VeriFone. Examples of who is using the technology and why.
  32. E-Wallets Look To Score Big This Holiday Season, by Richard Karpinski, Internet Week, 10-11-1999 New high-performance e-wallets from IBM, Microsoft, and a slew of newcomers promise to finally break through consumer resistance to the technology. What's new? They are more flexible, easier to use and more focused on protecting user privacy.
  33. IBM And MasterCard Team on E-Wallets, by Stuart Glascock, Internet Week, 9-15-1999 IBM has introduced Consumer Wallet V2.1, and hopes to break through the barriers to consumer acceptance of online shopping wallets through an aggressive promotion with MasterCard. MasterCard says digital wallets will become 'the primary customer interface for electronic commerce and Internet shopping.'
  34. QuickBuy Shopper, by Kevin Reichard, Electronic Commerce Guide, 8-2-1999 QuickBuy's Shopper system combines a novel shopping cart with proprietary e-wallet technology. Shoppers drag "Buycons" on to their browsers from participating sites, continue shopping at QuickBuy-enabled sites, then 'check out' using stored credit card data. It's clever, but depends on quirky proprietary technology that is non-standard.
  35. BuyWiz Lightens the Load on Online Shoppers, by Mary Hillebrand, E-Commerce Times, 8-23-1999 BuyWiz is a 'universal' shopping cart service that operates across multiple e-commerce sites. Also offers 'one-click' purchasing at enabled sites. Major webstores using BuyWiz so far include Amazon, Travelocity, Beyond.com, Egghead and eBay.
  36. Credit Card Firms in Bid To Resuscitate Wallet Concept, by Whit Andrews, Internet World, 6-21-1999 Attempts to sell the concept of online shopping 'wallets' to American consumers have failed so far. The new ECML initiative has more industry backing than any before it, but it still may not be enough.
  37. IBM Helps Banks Help E-Merchants, by Richard Karpinski, Internet Week, 6-14-1999 IBM's Merchant Enablement Program will provide supporting technology to partner banks, allowing the banks to offer small-business clients a bundle of e-commerce resources including site hosting and payment authorization systems.
  38. Payment Systems 101, by Mark Merkow, James Breithaupt & Ken Wheeler, WebReference.com E-Commerce Watch, 3-3-1999 Includes a brief history of payment cards and how they work, a glossary of related terminology, and an overview of how online payment works with SET. Chapter 2 from book Building SET Applications For Secure Transactions.
  39. Round Two For Internet Payments, by Richard Karpinski, Internet Week, 3-15-1999 Update on new initiatives in micropayments. QPass and Cybergold both support networks of sites offering digital content for sale, pay-per-view priced as low as a few cents. Also a new 'wallet' system from CyberCash, called InstaBuy.
  40. E-shopping Simplified -- And Just In Time For Christmas!, by Mark Merkow, WebReference.com E-Commerce Watch, 12-17-1998 idealab!'s eWallet is a scheme to push data stored on the desktop to compliant Web browser forms to automatically fill in the fields that are mapped to eWallet field information. Using a drag-and-drop approach, eWallet fills in all the information on the form for which it has correspondence and can be repeated for as many forms as are presented to complete a sale.
  41. The Electronic Commerce Challenge, by Stephanie Denny, Journal of Internet Banking and Commerce, 11-1-1998 Discusses the pros and cons of set, and shows interest in a standard proposed called x9.59 (Account Authority Digital Signatures, or AADS),developed by Lynn and Anne Wheeler, that recognizes the necessity of binding a certificate to an account number.
  42. Ready, SET, Go!, by Bill Roberts, CIO WebBusiness, 9-1-1998 An excellent update on the current "creeping" progress of SET, the potential problems of implementation by both customers and merchants, and the technological problems.
  43. Merchant SET POS Software and Merchant Digital Certificates, by Mark Merkow, WebReference.com E-Commerce Watch, 9-2-1998 Ch 10 from Building SET Applications For Secure TransactionsSurvey of several SET POS systems to aid in selecting what's most appropriate for your environment. Learn what you can expect from SET and what SET expects from you.
  44. A Leaner and Meaner SET Lowers Merchant Barriers To Entry, by Mark Merkow, WebReference.com E-Commerce Watch, 8-27-1998 SET has been placed on a strict diet -- and emerged with reduced requirements for implementation. Learn how Merchants can benefit the most. Overview.
  45. Compaq assembles the parts of SET to go, by Matthew Nelson, InfoWorld Electric, 8-10-1998 Interview with Compaq's Roger Matthews on the present and future of the SET protocol. Examines forces which will push for widespread SET implementation.
  46. Building SET Applications For Secure Transactions, by Mark Merkow, et al., WebReference.com E-Commerce Watch, 8-4-1998 Introductory excerpt from the Chapter 10 of Building SET Applications For Secure Transactions.
  47. The Wallet Connection, by Stephanie Denny, Journal of Internet Banking and Commerce, 6-1-1998 Describes proposed use of wallets for e-commerce. They will be necessary for implementation of SET and for smart cards.
  48. Promises, Promises: What ever happened to SET?, by Nikki Goth Itoi, Red Herring, 2-1-1998
  49. Real-Time Payments Get SET, by Matthew Friedman, InternetWeek, 10-20-1997
  50. MasterCard Gets SET For Online Business, by Matthew Friedman, InternetWeek, 10-20-1997
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