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

fisherpersons are not over-fishing, Prepare the Relational Tables to signi...

Prepare the Relational Tables to signify the following situation, which is defined by means of text and an Entity Relationship Diagram. Note: Do not attempt to vary the ERD. Yo

Resolution method, Resolution Method: For a minor miracle occurred in ...

Resolution Method: For a minor miracle occurred in 1965 where Alan Robinson published his resolution method as uses a method to generalised version of the resolution rule of i

Multiple instruction and multiple data stream (mimd), Multiple Instruction ...

Multiple Instruction and Multiple Data stream (MIMD): In this categorization, numerous processing elements and multiple control units are ordered as in MISD. However the differ

Explain about bus of register transfer, Explain about Bus of register trans...

Explain about Bus of register transfer Since a computer has   several registers, paths must be provided to transfer information among registors. If separate lines are used amon

Bit manipulation techniques, We can also use the logical operators to numbe...

We can also use the logical operators to numbers directly and  perform simple bit manipulation . The operators are     &  Bitwise AND     |  Bitwise OR     ^  Bitwise exclusiv

Describe about data warehouse development life cycle, Data Warehousing 1....

Data Warehousing 1.  With necessary diagram, Describe about Data Warehouse Development Life Cycle. 2. Elucidate Metadata and what is its use in Data Warehouse Architecture?

Explain vector-vector instructions, Vector-Vector Instructions In this...

Vector-Vector Instructions In this category, vector operands are fetched from vector register and accumulated in another vector register. These instructions are indicated with

Nor gate, The NOR gate. The NOR gate is equivalent to an OR gate follow...

The NOR gate. The NOR gate is equivalent to an OR gate followed by a NOT gate so that the output is at logic level 0 when any of the inputs are high otherwise it is at logic le

Compare pre-emptive and non-preemptive scheduling policies, Compare pre-emp...

Compare pre-emptive and non-preemptive scheduling policies. We preempt the currently executing process in preemptive scheduling. In non-preemptive we permit the current process

calculates the area and perimeter of a rectangle, Write a program, using f...

Write a program, using functions, that calculates the area and perimeter of a rectangle whose dimensions (Length & width) are given by a user.

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