ICverify Inc. said it will include the secure electronic transaction standard, or SET, in its credit and debit software for electronic commerce.

SET, the security protocol for card payments, was drafted by a committee that included MasterCard, Visa, and several leading on-line technology providers. The protocol will allow secure, encrypted exchanges of payment information between "SET certified" buyers and sellers.

"For merchants requiring early deployment of Internet payment processing, ICverify offers real solutions today," said F. Thomas Aden, president and chief executive officer of the privately held company, which is a leading provider of point of sale software.

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