What are the risks involved in electronic payment systems, Computer Engineering

Assignment Help:

What are the risks involved in Electronic Payment Systems?  

 From the customer's perspective:

  • Dishonest merchants or financial service providers
  • Stolen payment credentials and passwords
  • Disputes over quality of services or goods

 From merchant's perspective:

  • Forged or copied payment instruments
  • Insufficient funds in customers account, especially with off-line payment systems
  • Dishonest or slow financial service providers

From the financial service provider's perspective:

  • Stolen customer or service credentials
  • Forged or copied payment instruments
  • Customers not paying (applies only to credit models)

 


Related Discussions:- What are the risks involved in electronic payment systems

The height of the left sub tree and height of the right tree, The differenc...

The difference among the height of the left sub tree and height of the right tree, for each node, is almost one.  AVL - tree

Write a program to read in a positive integer, Write a program to read in a...

Write a program to read in a positive integer and check whether it is prime or not? /* Program to check whether a given number is prime or not*/] # include # include

How many two-input AND and OR gates are required to realize , How many two-...

How many two-input AND and OR gates are required to realize Y=CD+EF+G ? Ans. Y=CD+EF+G No. of two i/p AND gates=2 No. of two i/p OR gates = 2 One OR gate to OR CD and EF

Define the internal users of system, Q. Define the Internal Users of system...

Q. Define the Internal Users of system? Internal Users are employees of business for that an information system is built. Illustration are clerical and service staff, technic

Software engineering, What are coupling and cohesion and why are they impor...

What are coupling and cohesion and why are they important concepts in software design?

Voice identifier - biometric computer security systems, Voice Identifier - ...

Voice Identifier - Biometric Computer Security Systems Besides fingerprint, another popular security technology is voice identifier. According to VSS organization (2007), voic

Input-output-processor interconnection network (iopin), Input-Output-Proces...

Input-Output-Processor Interconnection Network (IOPIN) This interconnection network is used for communication between I/O channels and processors. All processors commune with a

Differentiate between sequential and combinational circuits, Problem 1 ...

Problem 1 Prove that :- x(x + y) = x by using identities 2 Write a short note on Analog to Digital Converter (ADC) 3 Differentiate between sequential and combinational ci

What is the difference among a canvas and a scroll panel, Canvas is a compo...

Canvas is a component. ScrollPanel is a container. Canvas is a rectangular area where the application can draw or trap input events. ScrollPane executes horizontal and vertical scr

What is ipc, What is IPC? What are the various schemes available? The t...

What is IPC? What are the various schemes available? The term IPC (Inter-Process Communication) explains various ways by which different process running on some operating syste

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd