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 is importance of xml into edi and electronic commerce, What is the imp...

What is the importance of XML into EDI and electronic commerce? XML has been explained as lightweight SGML: XML demonstrates great promise for its inherent capability to per

Discuss the customer-to-customer transactions, Discuss the customer-to-cust...

Discuss the customer-to-customer transactions. C2C (customer-to-customer): Person-to-person transactions are the oldest type of e-business. They have been there since the

What is "at exit-command", What is "at exit-command:? The flow logic K...

What is "at exit-command:? The flow logic Keyword at EXIT-COMMAND is a special addition to the MODULE statement in the Flow Logic .AT EXIT-COMMAND lets you call a module befor

Communication traffic and message queues, The Communication Traffic gives a...

The Communication Traffic gives a pictorial view of the communication traffic in the interconnection network with respect to the time in progress. The Communication Traffic shows t

What is the use of digital switch, What is the use of digital switch? ...

What is the use of digital switch? Digital switch: This is a device which handles digital signals generated at or passed via a telephone company’s central office further

What are the type of internet connection, What are the type of Internet con...

What are the type of Internet connection When determining requirements for a VPN, carefully estimate the number of systems to be put behind the VPN, the number of concurrent u

Legacy systems and current infrastructure, Legacy systems and current infra...

Legacy systems and current infrastructure - Information System This problem is most easily understood using the everyday example of the rail ways where the rail network infras

What are the different tones used in strowger telephony, What are the diffe...

What are the different tones used in strowger telephony? Explain with the help of waveforms and the timings. Dial Tone: it is used to indicate that the exchange is ready to r

Display the map centered on the users location, Question: a) The follo...

Question: a) The following is a description of the navigation options in a mobile web site which provides public bus time slots for a city. It is an interesting service for m

What is the purpose of iop, What is the purpose of IOP. The purpose of ...

What is the purpose of IOP. The purpose of IOP is to given an independent path way for transfer of information among external and internal memory.

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