merchant
"A seller of goods, services, and/or other information who accepts payment for these items electronically." [SET2] A merchant may also provide electronic selling services and/or electronic delivery of items for sale. With SET, the merchant can offer its cardholders secure electronic interactions, but a merchant that accepts payment cards is required to have a relationship with an acquirer. [SET1, SET2]
Senses
(O) /SET/
"A seller of goods, services, and/or other information who accepts payment for these items electronically." [SET2] A merchant may also provide electronic selling services and/or electronic delivery of items for sale. With SET, the merchant can offer its cardholders secure electronic interactions, but a merchant that accepts payment cards is required to have a relationship with an acquirer. [SET1, SET2]
- IETF RFC 4949 (Internet Security Glossary)Jan 06, 2026RFC 4949 — Internet Security Glossary (Version 2)https://www.rfc-editor.org/rfc/rfc4949.txtRFC 4949 is published by the IETF Trust and marked as "Distribution of this memo is unlimited". Verify IETF Trust copyright/licensing terms for reuse.Source: IETF RFC 4949 (rfc-editor.org).