With an agreement to provide digital certificates for a test of the Secure Electronic Transactions protocol in South Africa, Verisign Inc. said it will be the first company to issue SET-compliant certificates under both the MasterCard and Visa brands.

Amalgamated Banks of South Africa, the biggest banking group in the country, plans to launch a pilot July 1 and have as many as five merchants and 1,000 MasterCard customers by yearend.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.