Short for Internet Keyed Payment, iKP is a set of protocols proposed by IBM Research in Hawthorne and Zurich, for electronic payments over open networks. iKP technology is based on RSA public-key cryptography and provides the architecture for credit card transactions between the customer and the merchant, while using the existing financial network for approval and clearing.
iKP
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Vangie Beal
Vangie Beal is a freelance business and technology writer covering Internet technologies and online business since the late '90s.
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