I agree with Anders. The merchants need low-cost technology that is easy to implement. Web Service based system makes more sense. As one of the pioneers of the SET technology, I can personally say that I see 3-D going the way of SET... market failure.
Richard Dumm Pennsylvania State University -----Original Message----- From: Anders Rundgren [mailto:[EMAIL PROTECTED]] Sent: Thursday, June 27, 2002 11:22 AM To: internet-payments Subject: MasterCard's scrapping of SPA in favor of 3D Secure Dear Payment-professionals, According to several sources, MasterCard have embraced VISA's 3D Secure as the future path. Personally, I think 3D Secure will be replaced by Web Services-based systems as it is not exploiting the "Web Service paradigm". That, assuming that roll-out stays at current speed. What does Web Services offer for payment systems you may rightfully ask? Well, extensibility, robustness, extremely low-cost technology, compliance with the B2B-world etc. etc. In a nut-shell: Market acceptance. Do banks need low-cost technology? No, but the merchants do. Anders Rundgren CEO X-OBI +46 70 - 627 74 37
