1. Preface In December 1997, the Bank of Japan established the Forum on the Development of Electronic Payment Technologies and Its Implications for Monetary Policy to examine the influence of the development of electronic payment technologies including electronic money on monetary policy. The forum released the Interim Report in May 1999. Subsequently, the forum expanded the scope of its examin...

The subject of payment technology is central to e-business applications. Payment technologies' main role is to facilitate transactions by saving time and providing cost effectiveness, value for money, and flexibility for consumers. Payment Technologies for E-Commerce provides brings to light electronic payment systems that serve as the backbone for payments made electronically. The book also em...

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The way that consumers make payments is changing rapidly and attracts important current policy interest. This paper develops and estimates a structural model of adoption and use of payment instruments by U.S. consumers. We utilize a cross-section from the Survey of Consumer Payment Choice, a new survey of consumer behavior. We evaluate substitution and income effects. Our simulations shed light...

In this paper, an Internet payment system is proposed. It gives users a choice to choose which payment method they like to use, either credit card or electronic coins. A literature review on existing payment systems and cryptography are discussed in the beginning of the paper. Then we discuss the mechanism of the proposed system and comparisons between the existing systems and the proposed one....

The security of the electronic payment requires not only the deployment of cryptographic technologies such as encoding and the electronic signature, but above all, the existence of third parties of confidence whose role is to enable the users of electronic payment applications to have confidence in the use of these technologies. In general, Authorities of Certification belonging to the same inf...

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. ...

Despite existing security standards and security technologies, such as secure hardware, gaps between users’ demand for security and the security offered by a payment system can still remain. These security gaps imply risks for users. In this paper, we introduce a framework for the management of those risks. As a result, we present an instrument enabling users to evaluate eventual risks related ...