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

I have a user defined function that does not recalculate, Contain all the c...

Contain all the cells that your UDF depends on in the argument list. Or enter this as the first statement in your Function: Application.Volatile This will cause the functi

Explain common sub expression elimination, Explain briefly Common sub ex...

Explain briefly Common sub expression elimination of the commonly used code optimization techniques. Common sub expression elimination: In given expression as "(a+b)-(

Define the boolean algebra, Define The Boolean algebra? A set of rules in...

Define The Boolean algebra? A set of rules invented by the English mathematician George Boole describe certain propositions whose outcome would be either true or false with regar

Design and development of an information system, This assignment consists o...

This assignment consists of design and development of an information system. The first part of the assignment consists of the design, which includes construction of ER and DFD diag

What is the use of fork and exec system calls, What is the use of fork and ...

What is the use of fork and exec system calls?  Fork is a system call by which a new process is formed. Exec is also a system call, which is used after a fork by one of the two

Simplify the expression by using karnaugh map, Simplify   the   following  ...

Simplify   the   following   expression   into   sum   of   products   using   Karnaugh   map F(A, B, C, D) = ∑ (1,3,4,5,6,7,9,12,13) Ans. Simplification of the giv

C programming, There is a pebble merchant. He sells the pebbles, that are u...

There is a pebble merchant. He sells the pebbles, that are used for shining the floor. His main duty is to take the length of the room’s sides. But he sometimes mistakes doing that

Sigmoid units-artificial intelligence, Sigmoid units - Artificial intellige...

Sigmoid units - Artificial intelligence Remember that the function inside units take as input the weighted sum, S, of the values coming from the units associated to it. The fun

Calculate the complexity of sorting algorithms, How do you calculate the co...

How do you calculate the complexity of sorting algorithms? Find the complexity of Insertion sort and Bubble Sort.                 The difficulty of sorting algorithms depends o

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