iKP

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.

Vangie Beal
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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