"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]
"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]