Electronic Money Management in Modern Online Businesses

2011 ◽  
pp. 129-137
Author(s):  
Konstantinos Robotis ◽  
Theodoros Tzouramanis
Keyword(s):  
Processing System ◽  
Payment System ◽  
Money Management ◽  
Electronic Payment ◽  
Electronic Money ◽  
Dangerous Place ◽  
Financial Transactions ◽  
Electronic Payment System ◽  
The Web ◽  
The Way

This chapter discusses electronic money management via modern payment processing systems. The protocols and architectures of modern payment processing systems are reviewed and the way to identify and eliminate the threats of abuse of an electronic payment system by cyber fraud is discussed. The countermeasures necessary to combat possible depredations are detailed methodically. There is also a brief presentation of the payment processing system of PayPal and the payment gateway service that is provided by VeriSign. While this chapter shows that perceptions of the Web as a dangerous place to operate a business are justified, the main objective is to help e-commerce and online businesses understand the nature of possible threats for the safeguard of their customers’ financial transactions against all risks.

scholarly journals The Role of Electronic Payment Methods in Facilitating Money Transactions in Erbil City

2019 ◽  
Vol 3 (1) ◽  
pp. 7-14
Author(s):  
Dina A. AL-Saji
Keyword(s):  
International Markets ◽  
Payment System ◽  
Electronic Payment ◽  
Payment Systems ◽  
Payment Methods ◽  
Good Ability ◽  
Awareness Programs ◽  
Customer Services ◽  
Financial Transactions ◽  
Electronic Payment System

The emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. All interested parties are exploring various types of the electronic payment system and issues electronic payment system and digital currency. Therefore, I conducted research on the availability and variety of electronic payment methods in Erbil city, to see the extent of using them in financial transactions. The sample of the research included three banks (Cihan, RT, Byblos). The distributed questionnaires were 40 and collected just 31 were valid to statistically analysis. The questionnaire was designed according to the five-dimensional Likert scale. The SPSS program was used for statistical analysis to extract results Based on the results, the following the most important conclusions were achieved. The results showed that banks have a great interest in electronic payment methods to attract customers and improve customer services. Electronic payment methods are limited only to customers who have a good ability to handle the Internet. According to the results, we made a number of recommendations: Banks should pay attention to issuing new and modern electronic payment methods to attract new customers and follow developments in global markets. Banks and other specialized organizations should conduct awareness programs for clients on the importance and ease of using electronic payment methods in financial transactions in local and international markets.

Agent-Based Secure E-Payment System in E-Commerce

2011 ◽  
pp. 259-283
Author(s):  
Sheng-Uei Guan ◽  
Sin Lip Tan ◽  
Feng Hua
Keyword(s):  
Payment System ◽  
Agent Technology ◽  
The Internet ◽  
Electronic Payment ◽  
Agent Based ◽  
Commercial Activities ◽  
Wide Acceptance ◽  
Set Protocol ◽  
Electronic Payment System ◽  
The Web

With the explosive growth of the Internet, mobile commerce (m-commerce) is an increasingly important segment of commercial activities on the Web. The secure agent fabrication, evolution and roaming (SAFER) architecture was proposed to further facilitate m-commerce using agent technology. In this paper, the electronic payment aspect of SAFER will be explored. The secure electronic transaction (SET) protocol was selected as the basis for the electronic payment system implementation due to its wide acceptance. The various modules of the payment system and how they interface with each other are shown. An implementation done using Java will also be elaborated. This application incorporates agent roaming functionality and the ability to conduct m-commerce transactions and carry out corresponding e-payment procedures.

scholarly journals Exploring Electronic Payment System Acceptibility Determinants: A Consumer Outlook

2018 ◽  
Vol 6 (1) ◽  
pp. 21-27 ◽  
Author(s):  
Akanksha Upadhyaya ◽  
Bhajneet Kaur
Keyword(s):  
Age Groups ◽  
Principal Component ◽  
Payment System ◽  
Electronic Payment ◽  
North West ◽  
Rotation Method ◽  
Consumer Perspective ◽  
Best Fitting ◽  
Electronic Payment System ◽  
Security Concern

The aim of this research paper is to explore the electronic payment system (EPS) acceptability determinants, from the consumer perspective. Exploratory factor analysis has been used to explore the factors based on different statements. The study has been conducted in North-West region of Delhi. Data has been collected from male-female of different age groups by using the questionnaire tool of data collection. For extraction of factors Principal component analyses and Varimax with Kaiser Normalization rotation method was used. The rotated component matrix shows best fitting of items to form a factor. As per the convergence of items, 4 factors were extracted and named. These factors are security concern, Knowledge, awareness and acceptability & convenience which are contributing for acceptability of electronic payment system among the consumers.

Sign in / Sign up

Export Citation Format

Share Document