Service industries may lack a fundamental understanding of the implications payment acceptance has for their business. Research into 11 targeted markets cuts through hypotheses and casts a clearer direction for a spectrum of service markets in a cashless society. While management publications do focus on product and service differentiation, they often ignore payment acceptance in their analysis...

During the past few decades electronic payment protocols has been studied. A lot of electronic payment protocols, for example, 3KP, SET, have been proposed which claimed that have security properties. To our best knowledge, till now analysis of 3KP protocol has not with automatic tool in computational model. Recently owning to the contribution of Meng et al., 3KP protocol can be analyzed with a...

We propose a generalization of the architecture of an electronic wallet, as first developed in the seminal European research project CAFE. With this model you can leave most of the content of your electronic wallet at the security of your residential electronic keeper, while roaming with your favorite mobile terminals. Emerging mobile handsets with both short range Bluetooth and cellular GPRS c...

This paper presents a scheme for the design, analysis and comparison of electronic payment systems. Three systems are described in detail through this scheme.

This paper explores some of the legal and practical issues related to the implementation of electronic money placed in smart cards as a viable online payment system. This is a subject of particular importance as many there are many hopes from the financial industry about the implementation of an electronic currency system will create a great method for small transactions, both online and offline.

VarietyCash is a new electronic money system which strikes a balance between functionality, security, and user privacy. The system can encompass both network and stored-value card based payment mechanisms, with transferability between them, hence the name.

One of the problems facing the builders of the `Information Superhighway' is how to charge for services. The high costs of billing systems suggest that prepayment mechanisms could play a large part in the solution. Yet how does one go about making an electronic prepayment system (or indeed any kind of payment system) robust? We describe some recent systems engineering experience which may be re...

Credit card fraud is already a significant factor inhibiting consumer confidence in ecommerce. As more advanced payment systems become common, what legal and technological mechanisms are required to ensure that fraud does not do long-term damage to consumers' willingness to use electronic payment mechanisms?

Despite the potential of micro-payment systems very few systems have been successful. Micro-payment markets exhibit twosided network externalities and the business models for these markets are not very well understood. By using a parsimonious game theoretic model, this paper studies factors affecting the existence of a market for micro-payment systems, how the users and merchants choose their a...

Electronic commerce demands different security requirements for its many different applications. In the near future one smartcard may be used for many electronic commerce applications, such as payment systems, access to banking services and financial transactions over the Internet. A role and task based security model (R&T model) can ensure a secure access to many different services through an ...