The growth of electronic commerce is dependent upon the emergence of effective electronic payment systems. Whilst payments for large purchases can be made relatively easily using credit/debit cards, small-scale electronic commerce is constrained by the limited nature of existing e-cash (or ‘micropayments’) systems. This paper outlines the evolution of electronic payment systems, leading to an a...

Current macro-payment systems used by most E-commerce sites are not suitable for high-volume, low-cost produce or service purpose, such as charging per-page for web site browsing. These payment technologies suffer from use of heavyweight encryption technologies and reliance on always on-line authorisation servers. Micro-payment systems offer an alternative strategy of pay-as-you-go charging, ev...

The emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. Recognizing this, virtually all interested parties are exploring various types of electronic payment systems, issues surrounding electronic payment system and digital currency. Broadly, electronic payment systems can be classified into four categorie...

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...

While the supported e-payment methods of online shops are different from the applied e-payment methods of online consumers, a B2C e-payment mismatch problem occurs and severely affects the online sales. This paper proposes a new dynamic account payment (DAP) method to resolve the mismatch problem. The main idea of DAP is that consumer can request a temporary e-payment account, acceptable to the...

When payments are to be made over the Internet, security becomes critical. The online banking system has become the preferred target of some attackers. To maintain the clients’ trust and confidence in the security of the services, the financial institutions and related research workers must identify how the attackers damage the user’s account and develop methods to enhance the security of the s...

The focus of this paper is on the integration of payment systems into B2C Internetcommerce. Our understanding of the payment integration problem starts from the observation that not all payment instruments are online yet. If they are online they are often not integrated into the online-shopping process from the consumer's point of view and they don't easily produce the data the merchants would ...

Credit based electronic payment systems are considered to play important roles in future automated payment systems Like most other types of payment systems however credit based systems proposed so far generally involve computationally expensive cryptographic operations Such relatively heavy computational load is preventing credit based systems from being used in applications that require very f...