Characteristics of electronic payment system: Following are the essential characteristics of electronic payment system: Acceptability:- The payment infrastructure should not only be robust but also available and accessible to a wide range of consumers and sellers of goods and services. The value stored in the electronic cash should be honored and accepted by other banks […]
Electronic Payment System:- It an e-commerce environment, payments take the form of money exchange in an electronic form and are therefore called electronic payments, Electronic payments (e-payments) are an integral part of e-commerce and are one of its most crucial aspects. Electronic Payment System “Electronic payment is a form of a financial exchanger that take place […]
Electronic cash ( e-cash) system differ in implementation but every electronic cash system must have the following properties:- Monetary value:- Monetary value is present if the electronic cash is backed by hard currency, a bank-certified cashier’s check or bank-authorized credit. When e-cash created by one bank is accepted by the others, reconciliation must occur without […]
Electronic cash is a general term that describes any value storage and exchange system created by a private (non-governmental) entity that does not use paper documents or coins and that can serve as a substitute for government-issued physical currency. Because e-cash is issued by private entities, there is a need for common standards among all […]
Future prospects of e-commerce in India:- E-commerce has become an integral part of our daily life. E-commerce growth has become means of survival in the new world of e-commerce based trade and business. The growth depends on the availability and price of hardware and software as well as the human resource and educational standards and […]
Carnival’s Regal Princess will launch after a revamp of staggering magnitude. Passengers won’t be greeted by fancy new restaurants, glorious swimming pools or the usual activities — but will instead walk around a deck, the app in hand, as options for entertainment shift based on where they stand. Welcome to the future of how things get […]
Ensuring Transaction Integrity:- Transaction integrity ensures that any illegitimate user’s modification to the message can be detected. The modification includes insertion, deletion, substitution or changes to the status of a given message. Integrity involves guarding against improper information modification or destruction and includes ensuring comprises timely, accurate, complete, and consistent data. The information must not be […]
Protecting E-Commerce server:- The physical place where all the e-commerce transactions occur is at the Server level. The server can be viewed as the central repository which consists of the actual website which displays your products and services, the customer database, and the payment mechanism. If there are any attacks on this server, there is […]
Protecting Client Computer:- Client computers must be protected from threats. Active contents can be one of the most serious threats to client computers. Another threat to client computers is a malevolent server site masquerading as a legitimate web site. Threats can hide in Web pages, downloaded graphics, and plug-ins, E-mail attachments etc. Anyone can read […]
Protecting E-commerce Assets:- Protecting electronic assets that comprise the electronic commerce system is not an option but a necessity it commerce is to grow strong. The electronic world will always have to deal with viruses, worms, Trojan horses, eavesdroppers and destructive programs whose goals are to disrupt, delay or deny communications and information flow between […]
