Tandem Computers Inc. and GlobeSet Inc. said they teamed up with the Telekurs banking network in Switzerland to complete the first live transaction in that country under the MasterCard-Visa Secure Electronic Transactions protocol.

The Eurocard-MasterCard purchase from Pizzakurier, a Zurich pizza company, took place July 1 as part of an Internet payment pilot developed by Telekurs Payserv AG.

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