What are the types of electronic payment system, Computer Engineering

Assignment Help:

What are the types of electronic payment system?

Types of the electronic payment system are as given below:

The most Internet payment way for Business to Customer is credit cards.
Mainly concern for customers is security when sending credit card information with name and card number as well as expiry date via Internet.

At currently most of the companies employ SSL (Secured Socket layer) protocol to give privacy and security.
Visa and MasterCard have equally developed a more secure protocol, termed as Secure Electronic Transmission (SET) Typical Electronic payment system for EC- Electronic credit card, debit card, EFT and stored value card as well as e-check.


Related Discussions:- What are the types of electronic payment system

How will you allocate sub system, How will you allocate sub system? All...

How will you allocate sub system? Allocate every concurrent subsystem to hardware unit. General purpose processor or specialized functional unit as follows: Estimate per

Why we need the need of parallel computation, THE NEED OF PARALLEL COMPUTAT...

THE NEED OF PARALLEL COMPUTATION   With the growth of computer science, computational pace of the processors has also increased many a times. Though, there are definite constr

Time Complexity, how to determiner time complexity of any given polynomial ...

how to determiner time complexity of any given polynomial in data structure?

draw the precedence diagram , The desired daily output for an assembly ...

The desired daily output for an assembly line is 360 units. This assembly line will operate 450 minutes per day. The following table have information on this product's task times a

Caption to commission rate, Get a listing of the name, commission rate, and...

Get a listing of the name, commission rate, and hire date of all salesmembers who sell to commercial customers. Sort the result in order from the 1st hired to the most recently hir

What is an "on input filed" statements, What is an "on input filed" stateme...

What is an "on input filed" statements? ON INPUT The ABAP/4 module is known as only if a field having the Value other than the initial Value. This initial Value is explain

Inspirations of artificial intelligence, Inspirations of artificial intelli...

Inspirations of artificial intelligence: Artificial Intelligence research can be easily understood by following example in terms of how the following question has been answere

For which class address 192.5.48.3 belogs, Address 192.5.48.3 belongs to? ...

Address 192.5.48.3 belongs to? Address 192.5.48.3 belongs to class C.

Example of assembly program, Sample Program In this program we only dis...

Sample Program In this program we only display: Line                             Offset Numbers                          -----------------Source Code-----------------

Explain loop level of parallel processing, Loop Level At this stage, fo...

Loop Level At this stage, following loop iterations are candidates for parallel execution. Though, data dependencies among subsequent iterations can restrict parallel execution

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