How could traditional financial institutions attract online users? Should they mimic their online counter-parts, or compete based on an existing offline business? This research compares different effects of the adoption drivers between pure-play and click-and-mortar e-payment services based on a trust-based Valence Framework. Use intention is proposed to be affected by perceived benefit, percei...

A micropayment scheme is designed for providing efficient and secure solution for online payment ecosystems. Micropayment applications have turns to be general usage in electronic payment due to the fasted development of the Internet and the improving sophistication of electronic commerce. It is specifically designed for the customer to make the safe payment. Assaulters commonly aim to stealing...

working papers are produced by the Bradford University School of Management and are to be circulated for discussion purposes only. Their contents should be considered to be preliminary. The papers are expected to be published in due course, in a revised form and should not be quoted without the author's permission. The literature offers numerous motives for extending trade credit. A major econo...

Pay-for-performance advertising schemes such as pay-per-click (PPC) and pay-per-sale (PPS) have grown in popularity with the recent advances in digital technologies for targeting advertising and measuring outcomes. However, several publishers still continue to use well-established pay-per-impression (PPI) payment schemes. Given the choice of multiple payment schemes PPI, PPC, and PPS our study ...

We have discovered a security vulnerability in the Samsung Pay app. The magnetic secure transmission in Samsung Pay emits too many magnetic signals that are excessively strong. Thus, we built a low-cost receiver to eavesdrop on the emitted magnetic signals. Using this receiver, we successfully eavesdropped the one-time token for a payment made on the Samsung Pay app around 0.6m ∼ 2.0m from wher...

The European banking industry joined forces to achieve a fully integrated market for retail payment services in the euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental relationship between retail payment business and overall bank performance. Using data from across 27 European markets over the period 2000-07, we analyse whether th...

OBJECTIVES The Diagnosis Related Group (DRG) payment system, which has been implemented in Korea since 1997, is based on voluntary participation. Hence, the positive impact of this system depends on the participation of physicians. This study examined the factors determining participation of Korean obstetrics & gynecology (OBGYN) clinics in the DRG-based payment system. METHODS The demographi...

Micro-payments are payments too small in amount to warrant the overhead costs of current nancial clearing networks. Furthermore one can expect that content servers for the global information infrastructure (GII) will have to process so many of these low value transactions that computationally complex and costly cryptographic protocols will be impractical. This report proposes a micro-payment sc...

This paper investigates the market structure of the payment card market with consumers and merchants basing their subscription decisions on various information sets. We find that the market structure depends crucially on this information set, where we observe that a market with few cards dominating only emerges when decisions are based on very limited information. For more complete information ...

We model asymmetric information arising from physician agency, and its effect on the design of payment and healthcare quantity. The physician-patient coalition aims to maximize a combination of physician profit and patient benefit. The degree of substitution between profit and patient benefit in the physician-patient coalition is the physician’s private information, as is the patient’s intrinsi...