Proceedings ArticleDOI
Emergence of payment systems in the age of electronic commerce: The state of art
Sumanjeet
- pp 1-18
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TLDR
In this article, the authors have distinguished electronic payment systems based on what is being transmitted over the network; and analyzed the difference of each electronic payment system by evaluating their requirements, characteristics and assess the applicability of each system.Abstract:
The emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. Recognizing this, virtually all interested parties are exploring various types of electronic payment system and issues surrounding electronic payment system and digital currency. Broadly electronic payment systems can be classified into four categories: Online Credit Card Payment System, Online Electronic Cash System, Electronic Cheque System and Smart Cards based Electronic Payment System. Each payment system has its advantages and disadvantages for the customers and merchants. These payment systems have numbers of requirements: e.g. security, acceptability, convenience, cost, anonymity, control, and traceability. Therefore, instead of focusing on the technological specifications of various electronic payment systems, the researcher have distinguished electronic payment systems based on what is being transmitted over the network; and analyze the difference of each electronic payment system by evaluating their requirements, characteristics and assess the applicability of each system.read more
Citations
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Journal ArticleDOI
Design and Security impact on consumers' intention to use single platform E-payment
TL;DR: The empirical results from the quantitative analysis suggest that design, security, perceived usefulness as well as perceived ease of use are significant factors that contribute to consumers’ intention to utilize a single platform payment System.
Journal ArticleDOI
Design of a secure unified e-payment system in Nigeria: A case study
Charles K. Ayo,Wilfred I. Ukpere +1 more
TL;DR: A unified (single) smart card-based ATM card with biometric-based cash dispenser for all banking transactions is proposed to reduce the number of ATM cards carried by an individual and the biometric facility is to introduce another level of security in addition to the PIN which is currently being used.
Hybridizing an Extended Technology Readiness Index with Technology Acceptance Model (TAM) to Predict E-Payment Adoption in Ghana
Patrick Acheampong,Li Zhiwen,Henry Asante Antwi,Anthony Akai Acheampong Otoo,William Gyasi Mensah,Patrick Boateng Sarpong +5 more
TL;DR: In this article, an online version of a questionnaire was administered to the population aged 1500 users of e-banking and mobile money users in six cities in Ghana (Accra, Tema, Kumasi, Cape Coast, Sekondi-Takoradi and Tamale).
Journal ArticleDOI
Swing-Pay: One Card Meets All User Payment and Identity Needs: A Digital Card Module using NFC and Biometric Authentication for Peer-to-Peer Payment
Shirsha Ghosh,Alak Majumder,Joyeeta Goswami,Abhishek Kumar,Saraju P. Mohanty,Bidyut K. Bhattacharyya +5 more
TL;DR: Efforts have been underway to evolve and sustain a well-organized, efficient, reliable, and secure unified payment system, which may contribute to the smooth functioning of the market by eliminating obstacles in business.
Patent
Securely receiving from a remote user sensitive information and authorization to perform a transaction using the sensitive information
TL;DR: In this article, payment information and user input to serve as authorization to perform a transaction using the payment information can be obtained from a remote user having a client computing device having a touch screen or other means for receiving user input.
References
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Book ChapterDOI
The ESPRIT Project CAFE - High Security Digital Payment Systems
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Journal ArticleDOI
An empirical study of smart card technology
TL;DR: It is found consumers and merchants disposed against acceptance of this smart card technology, and no evidence for critical mass effects as a predictor of either consumers' or merchants' acceptance is found.