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

What is dialog box, This is a small window that is demanding your attention...

This is a small window that is demanding your attention. You must respond before you can carry on using the program that shown the dialog box. A dialog box does not have a minimize

Why a task cannot return a value, Why a task can n ot return a value? ...

Why a task can n ot return a value? If tasks can return values then Let's take a look at the below example. A=f1(B)+f2(C); and f1 and f2 had delays of say 5 and 10? Whe

Illustrate 16-bit isa, Illustrate 16-bit ISA?  Compare it with 8-bit ISA bu...

Illustrate 16-bit ISA?  Compare it with 8-bit ISA bus.  The only difference between 8 and 16-bit ISA bus is that an extra connector is attached behind the 8-bit connector. 16-b

Mac is the abbreviation for which type of control, MAC is the abbreviation ...

MAC is the abbreviation for: (A) Multimedia access control (B) Media access control (C) Mobile access control       (D) Master access point control Ans: MAC is th

Explain the design reusability of verilog, Explain the Design reusability o...

Explain the Design reusability of Verilog There is no concept of packages in Verilog. Functions and procedures used within a model should be  defined  in  the  module.  To  mak

Prove the equations using the boolean algebraic theorems, Prove the equatio...

Prove the equations A + A‾ .B + A.B‾ = A + B using the Boolean algebraic theorems ? Ans. The equation is A + A‾.B + A.B‾ = A + B L.H.S. = A + A‾ .B + A.B‾ = (A + A.B‾) + A‾.B

Find the physical address of instruction, Q. Find the Physical address of i...

Q. Find the Physical address of instruction? Value of Instruction Pointer and holding address of instruction = 1234h Value of code segment register (CS) = 448Ah Physical

Example on cyclic distribution of data, Q. Example on Cyclic Distribution o...

Q. Example on Cyclic Distribution of data? !HPF$ PROCESSORS P1(4) !HPF$ TEMPLATE T1(18) !HPF$ DISTRIBUTE T1(CYCLIC) ONTO P1 The result of these instructions is display

Difference between next and continue clause, The difference among the next ...

The difference among the next and continue verb is that in the continue verb it is used for a situation where there is no EOF condition that is the records are to be accessed again

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