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

The mercantile process model, The mercantile process model consists of whic...

The mercantile process model consists of which of the pahase(s): The pre-purchase phase. Purchase consummation phase. Post-purchase Interaction phase.

Show the developments that happened in third generation, Q. Show the develo...

Q. Show the developments that happened in third generation? The main developments that happened in third generation can be summarized as below: Application of IC circuit

Where signalling transfer point exist, Signalling transfer point (STP) exis...

Signalling transfer point (STP) exist in (A) Strowger exchange                  (B)  SS7 (C)  Local area network                 (D)  PABX Ans: STP that is stand f

What are the major characteristics of a pipeline, What are the major charac...

What are the major characteristics of a pipeline? The major characteristics of a pipeline are: a) Pipelining cannot be executed on a single task, as it works by splitting mu

Interrupt and scanning method of keypad operation, INTERRUPT METHOD - USING...

INTERRUPT METHOD - USING PORTB CHANGE INTERRUPT By using 4 by 4 matrix keypad connected to PORTA and PORTB. The rows are connected to PORTA-Low (RA1-RA4) and the columns are co

Library markup language, 1. Design a DTD for a new XML application called L...

1. Design a DTD for a new XML application called Library Markup Language (LibML) appropriate to capture the list of your items of collection . Put the DTD into a file named librar

Write an xpath expression, Question: (a) Explain the five different t...

Question: (a) Explain the five different types of element content defined by DTDs. (b) Compare XML schema's against DTDs. (c) Consider the following two element decla

What is link destruction, What is link destruction? Link destruction is...

What is link destruction? Link destruction is inverse of link creation. When a link is destroyed makes sure the associated objects accessible by other handles or intentionally

objectives- parallel computing, Objectives After going through this un...

Objectives After going through this unit, you will be able to : Tell historical facts of parallel computing; Can explain the essential concepts of the discipline, e.g.

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