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

Explain step by step switching system with neat diagram, With the help of a...

With the help of a neat diagram explain a step by step switching system. Configuration of a step by step switching system: A step by step switching system may be constr

What is reducibility, What is reducibility?  The primary method of prov...

What is reducibility?  The primary method of proving some problems are computationally unsolvable.       It is known as reducibility. Reducibility always includes two problems

Using network drive mappings, If various load generators need to access the...

If various load generators need to access the similar physical files, rather than having to remember to copy the files every time they change, each load generator can reference a c

Explain about wide area network, Q. Explain about Wide Area Network? Wi...

Q. Explain about Wide Area Network? Wide Area Network (WAN) usually refers to a network, which covers a large geographical area as well as use communications subnets (circuits)

How and what data is gathered- simulation, How and what data is gathered- S...

How and what data is gathered- Simulation To make this as realistic as possible, data is required to be gathered over a long period of time. This can be done by sensors near/i

What is FIFO, What is FIFO? FIFO is used as buffering element or queui...

What is FIFO? FIFO is used as buffering element or queuing element into the system that is by common sense, is needed only while you slow at reading than the write operation.

Explain load sharing processor configuration of spc, Explain how a centrali...

Explain how a centralized SPC organization works under load sharing operation. Under load sharing operation, an incoming call is allocated randomly or in a predetermined sequen

Illustrate what is a astrophysics, Q. Illustrate what is a astrophysics? ...

Q. Illustrate what is a astrophysics? Answer:- Examine of galaxies, stars and the creation of the universe including predictions about how it will proceed from here.

Design an or to and gates combinational network, Design an OR to AND gates ...

Design an OR to AND gates combinational network and NAND only n/w for the following Boolean expression: A'BC'D + ABC'D' + A'B'CD' + A'BCD'

Define atomic directive in fortan, Q. Define Atomic Directive in FORTAN? ...

Q. Define Atomic Directive in FORTAN? Atomic directive guarantees a specific storage location is updated atomically rather than exposing it to odds of multiple simultaneous wri

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