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DES
(redirected from Triple DES)

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
DES
Abbreviation for "Delivered Ex Ship."

Delivered Ex Ship
In international commerce, an agreement between a buyer and a seller in which the seller must bear all costs and risks of transporting a good until it has arrived at a port and has been made available for the buyer or his/her agent to retrieve it. That is, the seller has total responsibility while the good is being shipped overseas. The seller must pay the shipping company and purchase insurance for the good. See also: Incoterm.


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lt;p>MasterCard's purported surprise decision comes at a time when merchants are under a deadline to migrate all of their point of sale terminals from DES to Triple DES by July 2010.
But merchants, under pressure to upgrade all POS terminals from DES to Triple DES by July 2010, will never make the deadline if MasterCard is not allowing them to make use of RKI technology, Litan said.
It includes Visa Encrypting PIN Pad (VEPP) and Triple DES, the new standard for PIN encryption, as standard features.
 
 
 
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