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

What does not use by FTP, FTP does not use ? FTP doesn't use User Datag...

FTP does not use ? FTP doesn't use User Datagram Protocol.

3D rotation, Magnify a triangle with vertices A = (0,0), B = (3,3) and C = ...

Magnify a triangle with vertices A = (0,0), B = (3,3) and C = (6,4) to twice its size in such a way that A remains in its original position.

Disc shapes and diameters - computer architecture, Disc shapes and diameter...

Disc shapes and diameters:     A Mini-CD is 8 centimeters in diameter. The digital data on a CD start at the center of the disc and proceeds toward the edge, whi

Vector processing with pipelining-vector processing, Vector Processing with...

Vector Processing with Pipelining: Since in vector processing, vector instructions perform the similar computation on dissimilar data operands repeatedly, vector processing is most

How many services are supported by internet, How many services are supporte...

How many services are supported by internet? The firewall software assists at least Internet services: HTTP, FTP, Gopher, SMTP and Telnet. DNS name resolution, preferably th

Dbms., what is cascade rollback

what is cascade rollback

What is metropolitan area network, Q. What is Metropolitan Area Network? ...

Q. What is Metropolitan Area Network? Metropolitan Area Network (MAN):  It is privately or public owned communication system that naturally covers a complete city. Speed is abo

What is dithering, Q. What is Dithering? CMYK provides only 8 colours (...

Q. What is Dithering? CMYK provides only 8 colours (C, M, Y K, Violet= C + M, Orange= M + Y, Green = C + Y, and colour of paper itself!). What about other colours?  For these t

Principles of logic circuits, A logic gate is an electronic circuit that ge...

A logic gate is an electronic circuit that generates a typical output signal which depends on its input signal. Output signal of a gate is a general boolean operation of its input

Equivalences & rewrite rules - artificial intelligence, Equivalences & Rewr...

Equivalences & Rewrite Rules - artificial intelligence: Along with allowing us to verify trivial theorems, tautologies make us able to establish that definite sentences are say

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