Fuji Bank Ltd., the Tokyo-based multinational public bank, expects to greatly expand its customers' ability to make Internet purchases by testing debit card transactions using the Secure Electronic Transaction (SET) protocol developedby MasterCard, Visa, Microsoft and other technology companies.

The SET protocol was developed for credit card purchases on the Internet; Fuji has taken it further by using it for debit transactions. The pilot project will give thousands of debit cardholders access to "virtual stores" on the Internet via a Fuji electronic settlement gateway on the World Wide Web.

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