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 boyce codd normal form, A relation schema R is in BCNF with respect...

A relation schema R is in BCNF with respect to a set F of functional dependencies if for all functional dependencies in F+ of the form a->b, where a and b is a subset of R, at leas

What is normal form, What is normal form? A normal form is a guideline ...

What is normal form? A normal form is a guideline for relational database tables that enhances data consistency. As tables satisfy higher levels of normal forms, they are less

What is the task of the pass 2 in a two-pass assembler, In a two-pass assem...

In a two-pass assembler, the task of the Pass II is to? Ans. The task of the Pass II is to synthesize the target program in a two-pass assembler.

Ia-32 support, In order to support IA-32, the Itanium can switch into 32-bi...

In order to support IA-32, the Itanium can switch into 32-bit mode with special jump escape instructions. The IA-32 instructions have been mapped to the Itanium's functional units.

Write a .net web service program, Question: (a) Give three typical use...

Question: (a) Give three typical uses of Web Services. (b) Describe the term WebService Behavior and list its advantages. (c) Explain how Proxy classes are used to acc

What are disadvantages of eprom, What are disadvantages of EPROM? The c...

What are disadvantages of EPROM? The chip must be physically removed from the circuit for reprogramming and its whole contents are erased by the UV light.

What is meant by branch instruction, What is meant by branch instruction? ...

What is meant by branch instruction? A branch instruction is an instruction which changes the contents of the PC with the branch target address. This address is usually get by

Running time - metrics for performance evaluation, Running Time - Metrics f...

Running Time - Metrics for performance evaluation: Running time is amount of time consumed in execution of an algorithm for a provided input on N-processor based parallel comp

Soundness - artificial intelligence, Soundness - artificial intelligence: ...

Soundness - artificial intelligence: You may see in some application domains-for example automated theorem proving - that your search is "sound and complete". The soundness in

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)-(

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