The Internet Open Trading Protocol (IOTP) is an electronic commerce protocol being developed by the Internet Engineering Task Force. IOTP aims at providing an interoperable framework for electronic commerce (ecommerce) over the Internet. IOTP is expected to evolve into one of the central building blocks for the developing of next generation e-commerce on the Internet. The success of electronic ...

The risk assessment of the bank has been one of the hottest researches in the financial field at the domestic and abroad. In recent years, with the development of the electronic commerce, the traditional payment method has transformed to the incorporation between the electronic payment and the traditional payment. The electronic payment is the general terms for a various of payment methods. The...

The use of mobile applications has allowed electronic transactions to be made anytime, anywhere, and by anyone. Internet it possible for businesses expand their reach across the globe. As a guiding agent purchasing decisions, social media’s proliferation expanded businesses’ ability generate revenue [1]. In short, e-commerce become mainstay in way consumers shop. findings related this study are...

Cost-efficient processing and low working capital requirements are highly important for online retailers’ competitiveness and profitability. Therein, a sound understanding of transaction costs of respective payment instruments is extremely relevant when deciding which payment method to offer in ecommerce. Using a unique dataset with more than 14 million actual sales transactions from a leading ...

Secure electronic payment instruments play an important role in retail electronic commerce. As in most countries, people in Taiwan often use credit cards for payments on Internet shopping. However, the information contained in the card includes sensitive data like card number, valid date, and CVC (Card Verification Code) which all easily suffer data leakage, or impersonation attacks. This may c...

transportation industry is the most dynamic components of any society. in the twenty-first century, with the growth of technology and the widespread use of the internet and the emergence of e-commerce and e-business interaction and active transportation industry deserves to have a wide range of electronic services to the transportation community to take advantage of the investors of the new and...

Due to their functionality, stored value purses based on smart card technology are prominent candidates for being the dominant medium of exchange for micropayments. However, the overall prospects of these payment systems are yet ambiguous, both from the perspective of practice and monetary theory, because their potential to substitute for cash is still largely unknown. As a contribution to the ...