Hallo Rohit!

SET is (mainly) a protocol for secure credit card payment on
the internet. The key point (e.g. compared to naive SSL-based
credit card payment) is that the merchant does not
see the credit card number in a transaction. You will find the 
business description, which gives a rough overview, and the detailed 
spec at http://www.setco.org/set_specifications.html . 

Best,
        Detlef


Rohit Gupta wrote:
> 
> Hello all gurus,
> what is SET?
> how does the secure elec transmn, actually take place
> can u guide me on the same...
> rohit gupta
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