GTE CyberTrust Solutions said that JCB Co. Ltd., the largest credit card issuer in Japan, selected CyberTrust Japan Inc. to issue digital certificates compatible with version 1.0 of the Secure Electronic Transaction (SET) protocol.
The SET protocol is an open industry standard developed for the secure
transmission of payment information over the Internet and other electronic
networks. SET 1.0 is the latest SET specification, released in May 1997.
“Digital certificates are an important component in SET, providing security to cardholders and merchants alike,” said Masaaki Ikeuchi, president of JCB.
JCB has 37 million cardholders and a range of establishments worldwide where
JCB cards are accepted. JCB also operates the J-Mall, an online mall with various
merchants.
“JCB is leading the way to secure electronic commerce in Japan using SET 1.0,” said Akihiko Kawashima, president of CyberTrust Japan. “As the largest credit card issuer in Japan, JCB can provide payment solutions to consumers and merchants that set the trend for others to follow.”
Based in Sapporo, CyberTrust Japan, Inc. was established in April of 1997 to
provide digital certificates and certificate authority services to banks,
credit card companies, and other organizations for use in secure electronic
payment applications.