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

Dma controllers - computer architecture, DMA controllers in computer system...

DMA controllers in computer system:   DMA Controller   Part of the I/O device interface   DMA Channels   Performs functions that in general would be performed by t

Operating system, Difference between the symmetric and assymetric multiproc...

Difference between the symmetric and assymetric multiprocessing

Determine bhca rating for processor and call completion rate, A call proces...

A call processor in an exchange requires 120 ms to service a complete call. What is the BHCA rating for the processor? If the exchange is capable of carrying 700 Erlangs of traffic

Which of the memories stores the most number of bits, Which of the memories...

Which of the memories stores the most number of bits ? Ans. most number of bits stores in 32M x 8 As 2 5 x 2 20   = 2 25 Therefore 1M = 2 20 = 1K x 1K = 2 10 x 2 10

What are the graphics adapters, Graphics adapters: Video card converts...

Graphics adapters: Video card converts digital output from computer into an analog video signal and transmits the signal through a cable to monitor also known as a graphics ca

Explain why the ROM is a volatile memory, Is the ROM a volatile memory? Exp...

Is the ROM a volatile memory? Explain Ans. No, ROM is a Non-Volatile memory. Programming of ROM includes making of the needed  interconnections at  the time of fabrication and

What is a heap, What is a heap? A complete binary tree, every of whose ...

What is a heap? A complete binary tree, every of whose elements contains a value that is  greater than or equal to the value of every of its children is known a Heap

First order predicate logic - artificial intelligence, First Order Predicat...

First Order Predicate Logic : This is a more expressive logic because it is mostly builds on propositional logic by allowing us to needs as constants, variables, predicates,

Matlab, 33.A juice company manufactures one-gallon bottles of three types o...

33.A juice company manufactures one-gallon bottles of three types of juice blends using orange, pineapple, and mango juice. The blends have the following compositions: 1 gallon or

Explain about merge sort circuit, Q. Explain about Merge sort circuit? ...

Q. Explain about Merge sort circuit? First split the given sequence of n numbers in two parts every part comprising of n/2 numbers. Afterwards recursively divide the sequence i

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