Over the last decade, we have witnessed payment innovations that fundamentally have changed the ways we pay. Payment innovations, such as mobile payments and on-line banking, include characteristics or features that are essential to understand if we want to know how and why payers choose among payment innovations. Using the Repertory Grid technique to explore 15 payers’ perception of six paymen...

Online retail sites vary in terms of payment processes that consumers encounter. Little is known about how different implementations of payment processes affect consumers. Through the lens of mental accounting research, we theorize and empirically find that implementation characteristics of usability, feedback, and rehearsal affect consumer recall of past expenses and future impulse purchase de...

Nowadays, an in-app payment mechanism is offered in most existing mobile payment solutions. However, current solutions are not flexible and impose certain restrictions: users are limited to predefined payment options and merchants need to adapt their payment mechanisms to each payment provider they use. Ideally mobile payments should be as flexible as possible to be able to target various marke...

This assessment of the future of Internet payments concentrates on the potential of serverbased Internet payment systems. The central server-based approach is seen as a relevant future trend and "paradigm shift" in the development of Internet Payment systems, and the analysis therefore goes beyond the mere observation of a "second generation" of Internet payment systems (such as prepaid scratch...

Mobile payment allows users to perform payment transactions through their mobile devices. However, it brings up many emerging issues regarding security and performance of mobile payment systems that can be classified into at least two main problems. The first problem comes from the limitations of wireless environments that are primarily from mobile devices which have limited system resources an...

In this paper we shall introduce a new electronic payment concept based on the popular direct debit payment model, entitled periodical payments. The direct debit model currently in use online is neither secure nor flexible, and requires a leap of faith by the customer who must trust the merchant to behave honestly. Electronic direct debit request (DDR) forms are not signed by both parties in a ...

This thesis describes the design and the details of the preliminary implementation of Clearinghouse: a "per-call" payment framework for an interoperable, distributed object environment. Clearinghouse has two notable features. First, it has a paymethod abstraction layer which simultaneously supports multiple payment methods; in other words, Clearinghouse can be used for any payment method (e.g. ...

In the next years, the market for low value online content, like music and videos, is expected to grow substantially. To allow “pay-per-use” of such content, micropayment systems are expected to play an important role. Since there are already many competing micropayment systems on the market, customers and merchants are forced to use multiple systems. To overcome the problems associated with us...

It is predicted that mobile applications will become an integral part of our lives at the personal and professional level. Mobile Payment (MP) is a promising and exciting domain that has been rapidly developing recently, and although it can still be considered in its infancy, great hope is put on it. If MP efforts succeed, they will boost both eand m-commerce and may be the killer service in 2....

Does it pay to pay online panel members? A three-wave longitudinal experiment was conducted with an online panel to examine whether per person payments, paid through an online intermediary, influence response and retention rates. In the payment condition, participants were promised payment for participation at each wave, whereas control participants were not offered any payment. The promise of ...