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...

Trust Management represents a vital component for the protection of business transactions. This paper considers the application of a relational-based model for Trust Management in Electronic Payment Systems. We introduce a generic payment model that provides a good framework to validate our trust model. We use the special features, new extensions and relational techniques provided by the Trust ...

As from the beginning of the late 70's an impressive number of innovative electronic payment systems have been developed and tested commercially. However, the resulting variety and complexity of the systems have turned out to be one of the obstacles for the broad acceptance of electronic payment. In this paper we propose a process and service oriented framework, which offers a structural and co...

Managers in the music industry closely monitor both radio airplay of an album as well as the album's sales. Their interest in radio airplay is due to the belief that airplay can increase an album’s sales. Therefore it is natural for managers to attempt to influence radio airplay so as to subsequently impact album sales and ultimately profits. Over the past several years the concept of “pay-for-...

As an emerging decentralized technology, peerto-peer architecture arises as a new model for distributed computing and transaction, consequently there is a need for a scheme to incorporate payment services in this environment to enable electronic payment via peer-to-peer systems. In this paper, a transferable token is proposed for peer-to-peer payment system, which can float from a peer to anoth...

Taking into account the economic capabilities, competitive advantages and environment dynamics, this research presents a new physical flow optimization model by considering payment period, time value of money and exchange rate fluctuations. Considering the actual circumstances of the current case study in the global value chain, a single-objective non-linear mathematical model is presented for ...

We lay out and simulate a multi-agent, multi-period model of an RTGS payment system. At the beginning of the day, banks choose how much costly liquidity to allocate to the settlement process. Then, they use it to execute an exogenous, random streamof payment orders. If a bank’s liquidity stock is depleted, payments are queued until new liquidity arrives from other banks, imposing costs on the d...

With the advent of mobile networks and mobile devices, mobile payment has been attractive to many ecommerce users. Mobile environment features a wide range and an increasing number of access devices and network technologies. Context-aware content/service adaptation is deemed necessary to ensure best user experience. We developed an Adaptation Management Framework (AMF) Mobile Payment Service wh...

Mobile payment normally occurs as a wireless transaction of monetary value and includes the initiation, authorization and the realization of the payment. Such transactions are facilitated by purpose-built mobile payment systems that are part of the service infrastructure supporting the functioning of mobile business applications. A number of stakeholder groups may be involved in concluding a mo...