Computer hardware and software for use in electronic business transactions in the nature of facilitating micro-payments, namely, payments ranging from a few cents to several dollars, to internet retailers, merchants and content providers; computer software to perform electronic wallet functions, namely, for storage of value in a centralized database to facilitate e-commerce; computer hardware in the nature of electronic encryption units; computer security software, namely, software for use in verifying digital signature and digital certificate, software for secure data storage and retrieval and transmission of confidential customer information used by individuals, banking and financial institutions; magnetic encoded cards and smart cards containing an integrated circuit chip cards for electronic business transactions; blank integrated circuit cards in the nature of bank cards, credit cards, debit cards and payment cards; magnetic encoded card readers for magnetically encoded cards and cards containing an integrated circuit chip; computer software designed to enable magnetically coded cards to interact with terminals and readers in the financial services industry; telecommunications equipment and point of sale transaction terminals; computer software for transmitting, displaying and storing transaction, identification, and financial information for use in the financial services, banking and telecommunications industries; telecommunications equipment, namely, transponders; and electronic verification apparatus, namely, electronic verification readers for verifying authentication of charge cards, bank cards, credit cards, debit cards and payment cards