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

Game playing techniques - artificial intelligence, Game Playing techniques ...

Game Playing techniques - artificial intelligence: Now we have dispensed with the essential background material for Artificial Intelligence problem solving techniques, and we m

Which class used for multicasting in ip addressing scheme, In IP addressing...

In IP addressing scheme, class used for multicasting is: A class used for multicasting in IP addressing scheme is class D.

Explain about annotational notations, Explain about Annotational Notations ...

Explain about Annotational Notations These notations may be applied to describe remark and illuminate about any element in the model. They are considered as explanatory of U

Shared memory model, In the shared-memory programming model, tasks share a ...

In the shared-memory programming model, tasks share a common address space, which they read and write asynchronously. Several mechanisms such as locks / semaphores may be used to c

Difference between visual basic, Visual basic is useful if you are planning...

Visual basic is useful if you are planning to make the programs from scratch. This language helps you in producing Active x controls, exe files, etc. Visual script is a powerful t

Sun and nis law, Sun and Ni's Law The Sun and Ni's Law is a generalizat...

Sun and Ni's Law The Sun and Ni's Law is a generalization of Amdahl's Law as well as Gustafson's Law. The fundamental idea underlying the Sun and Ni's Law is to find the soluti

How to create an html document, An HTML document can be created by using an...

An HTML document can be created by using any HTML editor or text editor such as notepad etc. STEPS FOR CREATING A SIMPLE HTMLPROGRAM   1. Go to Start -> Programs->A

What is a priority interrupt, What is a Priority Interrupt? A priority ...

What is a Priority Interrupt? A priority interrupt is an interrupt that establishes a priority over the various sources to determine which condition is to be serviced first whe

What a hardware uses to calculates cyclic redundancy check, Hardware that c...

Hardware that calculates CRC (Cyclic Redundancy Check) uses: Hardware which computes CRC utilizes shift register and Xor unit.

Dfd, dfd for big bazaar

dfd for big bazaar

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