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

Device drivers in assembly, Device drivers are special programs installed b...

Device drivers are special programs installed by config.sys file to control installable devices.  So personal computers can be expanded at some future time by installation of new d

Explain micro-operations performed by cpu, Q. Explain Micro-operations perf...

Q. Explain Micro-operations performed by CPU? The micro-operations performed by CPU can be categorized as:    Micro-operations for data transfer from register-memory, re

Binary search tree in the descending order, In order to get the information...

In order to get the information kept in a Binary Search Tree in the descending order, one should traverse it in which of the following order?    Right, Root, Left

Explain in details the various standard i/o interfaces, Explain in details ...

Explain in details the various standard I/O interfaces. The various standard I/O interfaces are:  1. The Peripheral component interconnect(PCI) bus is a standard that suppor

Ruby, Discuss anout variables and assignment statements in ruby

Discuss anout variables and assignment statements in ruby

Depth in cutoff search, Depth in Cutoff search: The depth is chosen in...

Depth in Cutoff search: The depth is chosen in advance to certify in which the agent does not capture much more long to choose a move: however, if it has longer, well then we

Explain Not recently used page replacement algorithm, Not Recently Used Pag...

Not Recently Used Page Replacement Algorithm The not recently used abbreviated as NRU page replacement algorithm works on the subsequent principle: while a page is referenced,

DISCRETE STRUCTURES, SET 2I OF ALL INTEGERS WITH ZERO IS AN ABELIAN GROUP

SET 2I OF ALL INTEGERS WITH ZERO IS AN ABELIAN GROUP

Explain about the object identity of object oriented, Explain about the Obj...

Explain about the Object Identity of object oriented analysis Object identity is a feature of an object that differentiates the objects from all other objects in the applicati

Push and pop, i want flowchart for push, pop in stack element and display s...

i want flowchart for push, pop in stack element and display stack and exit

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