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 macro, A series of keystrokes and mouse clicks that can be abbrevia...

A series of keystrokes and mouse clicks that can be abbreviated into a one keystroke or mouse click.

Explain the use of wire-center have any influence, Does the use of wire-cen...

Does the use of wire-center have any influence on the performance of a token ring? Explain. One problem along with a ring network is as if the cable breaks somewhere, the ring

Explain about the non-repudiation, Explain about the non-repudiation? ...

Explain about the non-repudiation? Non Repudiation: Assurance which the sender is provided along with proof of delivery and which the recipient is given along with proof

Describe the interpretation features of vba, VBA is licensed to Microsoft a...

VBA is licensed to Microsoft and this compatible with and only Microsoft products. Code written is compiled by an intermediate language known as P-code and this is stored in hostin

Show independent loops in fortran program, Q. Show Independent loops in for...

Q. Show Independent loops in fortran program? In the subsequent code portion the directives point to the outer two loops are independent. The inner loop allocates elements of A

We declare a table control in the abap/4 program, How can we declare a tabl...

How can we declare a table control in the ABAP/4 program? Using the syntax controls type tableview using screen .

Security analysis, Security Analysis: Suppose you are a young securiti...

Security Analysis: Suppose you are a young securities analyst, working in a small brokerage firm. You have access to publicly available information relevant to valuation of th

Real-time software, Real-Time Software Programs that monitor/analyze...

Real-Time Software Programs that monitor/analyze/ control real world events as they take place are known as real-time software. Elements of real-time software involve a data

Explain batch operating systems, Explain Batch operating systems. Batc...

Explain Batch operating systems. Batch operating systems : A batch is a sequence of jobs. Such batch is submitted to batch processing operating systems moreover output would s

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