SET Transaction steps

Question

Explain the steps which are included in the SET Transaction?

Answer 1

Various steps involved in SET transactions:

a) Customer opens an account.
b) Customer obtains the certificate.
c) Merchants have their own certificate.
d) Customer places an order.
e) Merchant is verified.
f) Order and payment are sent.
g) Merchant requests the payment authorization.
h) Merchant confirms the order.
i) Merchant offers the goods or services.