E-PAYMENT
•Download as PPTX, PDF•
3 likes•5,913 views
E-payment refers to electronic payments, a subset of e-commerce transactions, for buying or selling goods and services online. There are several types of e-payment systems, including e-cash, micro payments, debit/credit cards, smart cards, peer-to-peer payments, and business-to-business and business-to-customer transactions. Debit cards provide electronic access to a user's bank account for withdrawals or purchases, while credit cards allow borrowing and are commonly used due to convenience. Smart cards contain information like account details and can be used for phone calls, payments, and other applications. E-payment is growing in usage and acceptance due to improvements in security and convenience.
Report
Share
Report
Share
Recommended
Electronic payment systems - Presentation by IrfanAnsari.com
This document discusses electronic payment systems. It begins by defining electronic payment systems and how they can be modern versions of traditional systems like checks and credit cards or based on digital currency. It then discusses traditional payment systems and some of their limitations. The document goes on to describe various modern electronic payment systems like credit cards, smart cards, debit cards, electronic checks, and peer-to-peer payments. For each system it provides details of how they work and their advantages and disadvantages. It concludes by discussing the benefits of electronic payment systems and some disadvantages.
overview of electronic payment system
The document discusses electronic payment systems (EPS), which allow customers to make online payments for purchases. There are two main types of EPS storage methods - those where a trusted third party like an online bank holds customer cash accounts, and those where the customer holds cash on a smart card or software wallet. Examples of EPS include online reservations, bill payments, orders, and ticket bookings. Common types of EPS are payment cards, electronic funds transfer, electronic cash systems, electronic wallets, and micro payment systems. Authentication, public key cryptography, and digital signatures provide secure infrastructure for EPS.
Electronic payment system
Electronic payment systems allow customers to make online payments for purchases. There are various types of electronic payment methods, including e-wallets, e-cash, smart cards, and credit cards. E-cash works like real currency with unique serial numbers, while e-wallets store payment information like credit cards. Smart cards can be used for applications such as travel tickets and medical records. Credit cards involve repaying spent amounts later. Payment gateways protect sensitive credit card details during transactions between customers, merchants and payment processors. Electronic payment is growing in India due to technology changes, internet access, and encouragement by the Reserve Bank of India.
Electronic payment systems
This document discusses various electronic payment systems including credit cards, debit cards, smart cards, e-money, electronic fund transfers, e-checks, PayPal, digital cash, and smart cards. It provides details on each payment method such as how they work, the parties involved in transactions, and examples of use. The key advantages of electronic payments are described as being paperless, user friendly, and reducing costs of transactions and labor.
Online banking
The document discusses online banking, including its definition as conducting financial transactions electronically rather than at a physical branch. It outlines the requirements and procedures for online banking, such as having internet access, registering with a bank, and logging in with a username and password. The key features and advantages of online banking are also summarized, such as lower transaction costs, ability to access accounts anywhere, and immediate money transfers.
Electronic Payment System
The document discusses electronic payment systems, their objectives, examples, types, and security services. It describes methods like e-cash, smart cards, and credit/debit cards. E-cash uses cryptographic algorithms to prevent double spending while preserving anonymity. Smart cards can process data and payments. Credit cards require repayment of spent amounts. Payment gateways protect credit card details and ensure secure transactions between customers, merchants and processors. The conclusion states that electronic payment systems have expanded markets and made payments more convenient.
E payment
This document discusses various electronic payment systems for e-commerce. It begins by defining e-payment as any digital financial transaction involving currency transfer between parties. It then outlines several modes of e-payment including payment cards, electronic cash, check free, check share, electronic wallets, and smart cards. For each method, it provides a brief introduction and overview of advantages and disadvantages. The document primarily focuses on explaining how payment cards, electronic cash, check free, electronic wallets, and smart cards work as options for electronic payments.
e payment system ppt
The document presents a presentation on electronic payment systems made by Naimiksha. It defines electronic payment as payments that utilize information and communication technology including cryptography and telecommunications networks. It discusses the types of electronic payment systems such as payment cards, e-cash, e-wallets, and e-cheques. The benefits of electronic payment systems for buyers include convenience, universal acceptance, security, consumer protection, and access to immediate credit. For sellers the benefits are speed and security of transactions, reduced costs, and efficiency. Security issues in electronic payment systems including authentication, integrity, non-repudiation, and privacy are also covered.
Recommended
Electronic payment systems - Presentation by IrfanAnsari.com
This document discusses electronic payment systems. It begins by defining electronic payment systems and how they can be modern versions of traditional systems like checks and credit cards or based on digital currency. It then discusses traditional payment systems and some of their limitations. The document goes on to describe various modern electronic payment systems like credit cards, smart cards, debit cards, electronic checks, and peer-to-peer payments. For each system it provides details of how they work and their advantages and disadvantages. It concludes by discussing the benefits of electronic payment systems and some disadvantages.
overview of electronic payment system
The document discusses electronic payment systems (EPS), which allow customers to make online payments for purchases. There are two main types of EPS storage methods - those where a trusted third party like an online bank holds customer cash accounts, and those where the customer holds cash on a smart card or software wallet. Examples of EPS include online reservations, bill payments, orders, and ticket bookings. Common types of EPS are payment cards, electronic funds transfer, electronic cash systems, electronic wallets, and micro payment systems. Authentication, public key cryptography, and digital signatures provide secure infrastructure for EPS.
Electronic payment system
Electronic payment systems allow customers to make online payments for purchases. There are various types of electronic payment methods, including e-wallets, e-cash, smart cards, and credit cards. E-cash works like real currency with unique serial numbers, while e-wallets store payment information like credit cards. Smart cards can be used for applications such as travel tickets and medical records. Credit cards involve repaying spent amounts later. Payment gateways protect sensitive credit card details during transactions between customers, merchants and payment processors. Electronic payment is growing in India due to technology changes, internet access, and encouragement by the Reserve Bank of India.
Electronic payment systems
This document discusses various electronic payment systems including credit cards, debit cards, smart cards, e-money, electronic fund transfers, e-checks, PayPal, digital cash, and smart cards. It provides details on each payment method such as how they work, the parties involved in transactions, and examples of use. The key advantages of electronic payments are described as being paperless, user friendly, and reducing costs of transactions and labor.
Online banking
The document discusses online banking, including its definition as conducting financial transactions electronically rather than at a physical branch. It outlines the requirements and procedures for online banking, such as having internet access, registering with a bank, and logging in with a username and password. The key features and advantages of online banking are also summarized, such as lower transaction costs, ability to access accounts anywhere, and immediate money transfers.
Electronic Payment System
The document discusses electronic payment systems, their objectives, examples, types, and security services. It describes methods like e-cash, smart cards, and credit/debit cards. E-cash uses cryptographic algorithms to prevent double spending while preserving anonymity. Smart cards can process data and payments. Credit cards require repayment of spent amounts. Payment gateways protect credit card details and ensure secure transactions between customers, merchants and processors. The conclusion states that electronic payment systems have expanded markets and made payments more convenient.
E payment
This document discusses various electronic payment systems for e-commerce. It begins by defining e-payment as any digital financial transaction involving currency transfer between parties. It then outlines several modes of e-payment including payment cards, electronic cash, check free, check share, electronic wallets, and smart cards. For each method, it provides a brief introduction and overview of advantages and disadvantages. The document primarily focuses on explaining how payment cards, electronic cash, check free, electronic wallets, and smart cards work as options for electronic payments.
e payment system ppt
The document presents a presentation on electronic payment systems made by Naimiksha. It defines electronic payment as payments that utilize information and communication technology including cryptography and telecommunications networks. It discusses the types of electronic payment systems such as payment cards, e-cash, e-wallets, and e-cheques. The benefits of electronic payment systems for buyers include convenience, universal acceptance, security, consumer protection, and access to immediate credit. For sellers the benefits are speed and security of transactions, reduced costs, and efficiency. Security issues in electronic payment systems including authentication, integrity, non-repudiation, and privacy are also covered.
Payment gateway
1. An online payment gateway is a secure portal that allows merchants to accept electronic payments from buyers through various payment methods. It transmits and processes card and account information to complete online transactions.
2. Merchants who sell goods or services online and buyers who make purchases online both need an online payment gateway to facilitate payments. Payment gateways also allow any parties to make online monetary transactions.
3. Popular security methods used in payment gateways include Secure Socket Layer (SSL) encryption and Secure Electronic Transaction (SET) protocols, which encrypt payment details and digital certificates to prevent unauthorized access to financial information.
Digital wallet (e-wallet)
A digital wallet allows users to store payment and loyalty card information electronically rather than physically. It authenticates users and facilitates contactless payment using technologies like near field communication (NFC). Digital wallets provide advantages over physical wallets like convenience, flexibility, and safety. While systems issues, security concerns, and user experience challenges remain, major companies are developing digital wallet applications that can be used to pay at retail locations and transfer funds between individuals.
Payment Gateway
A payment gateway is a service that allows online businesses to accept electronic payments for items purchased online. It securely transmits information between the customer's bank and the merchant's bank to facilitate processing payments. Common payment gateways include PayPal, Authorize.Net, and WorldPay. Payment gateways provide security for financial transactions online and allow merchants to accept credit card payments with fees for setup and transactions.
Electronic payment system(EPS)
This document discusses electronic payment systems. It defines electronic payment systems as paying for goods or services electronically instead of using cash or checks. Some common electronic payment methods described include credit cards, debit cards, ATMs, e-banking, digital cash, and electronic checks. Benefits of electronic payment systems mentioned are privacy, integrity, convenience, mobility, low financial risk, and anonymity.
Digital Banking
This document discusses digital banking. It was first incorporated in the United States and is governed by federal regulations. Digital banking allows customers to view accounts, make transfers, pay bills, and access other services through a bank's website or mobile app. Customers can access their accounts 24/7 from anywhere. While digital banking offers convenience, there are also security risks and customers may miss in-person relationships with their banks.
Chapter 8 / Electronic Payment
Electronic payments allow for financial transactions to be conducted online between buyers and sellers. There are various methods of electronic payment including credit cards, electronic cash, e-wallets, and micropayments. Payment gateways act as intermediaries that process transactions between payment networks like Mastercard and Visa and certification authorities. While traditional payment systems had issues with convenience, security, eligibility, and support for small transactions, electronic payment methods address these problems and enable online commerce.
Digital Payments
The document discusses digital payments in India. It provides definitions of different types of digital payment instruments and outlines the history and evolution of digital payments in India from credit cards in 1981 to UPI in 2016. It describes key features of digital payments like convenience and security. Major reasons for increased adoption include demonetization in 2016 and expanding smartphone usage. Key digital payment methods discussed include cards, UPI, NEFT, RTGS, IMPS, internet banking, and mobile banking. The National Payments Corporation of India (NPCI) plays an important role in developing digital payment infrastructure.
E commerce-131110221615-phpapp02
Electronic commerce (e-commerce) involves the buying and selling of goods and services over the internet. It includes business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C) transactions. E-commerce has grown significantly since the 1990s with the rise of the internet and World Wide Web. It provides benefits like lower costs, greater convenience, and access to a global market, but also limitations such as the inability to physically examine products. Emerging models include mobile commerce, online marketplaces, and social commerce.
Digital payments Presentations
UPI is a single window mobile payment system launched by NPCI that allows users to instantly transfer money between bank accounts using only a virtual payment address. It eliminates the need for users to enter sensitive bank details with each transaction. To use UPI, a user simply downloads a participating bank's app, registers with their bank account details and virtual ID, then can make or receive payments by providing only this virtual ID to the payee. This simplifies payments and promotes a cashless economy.
electronic payment system
This document discusses electronic payment systems. It begins with an introduction that defines electronic payment systems as payments made through an electronic medium without cash or checks. It then outlines the objectives and growth of electronic payments. The rest of the document outlines the advantages and disadvantages of electronic payments, the payment process, types of electronic payments including credit cards and e-wallets, a comparison of payment systems, the landscape of e-payments in India, and the future scope of electronic payments. It concludes by discussing how technology has made financial transactions more convenient through electronic payments.
PROJECT REPORT ON “E-COMMERCE”
E-commerce or Electronic commerce, is the purchasing, selling and exchanging of goods and services over computer network. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business
Digital media Dessertation full topic
Digital payments provide unprecedented opportunities for financial inclusion in rural India and for migrants in cities. They promise access to formal financial services and e-commerce benefits for those currently excluded. Beyond financial inclusion, digital payments can improve tax collection, reduce funding of criminal activities, and lower cash-related costs for the state. The study analyzes different digital payment instruments like Paytm, Airtel Money, Jio Money, debit cards, and credit cards. It finds that while people are open to digital payments, some charges directly deducted from accounts make some hesitant. Increased awareness of how such costs benefit society could encourage greater digital payment adoption. Digital payments also provide fraud protection and global acceptance while being cheaper than traditional methods and suitable for online
Digital payments
Briefs the Transformation of Digital payments over a period of time especially in India. Also provides the Pros and cons of the Digital payments.
Electronic Payment Systems: Risk and Requirements
Electronic Payment Systems: Risk and RequirementsAce Institute of Management (Nepal), Institute of Management Studies (Nepal)
It includes contents related to risk and requirements associated to Electronic Payment Systems. Tt also contains descriptions on various types of electronic payment systems. Electronic payment System
Electronic payment systems allow for paperless monetary transactions through various modes like credit cards, debit cards, smart cards, and electronic funds transfers. Credit cards involve a bank paying on behalf of the customer who then has a period to pay the bill. Debit cards immediately deduct funds from the linked bank account. Smart cards contain a microchip to store customer information and funds that are deducted with use. Electronic funds transfers allow money to be transferred between bank accounts without a middleman through ATMs or online banking. E-cheques enable creating and sending checks electronically through bank-provided software. Overall, electronic payment systems have streamlined business processes by reducing paperwork, transaction costs, and processing time.
Electronic payment system
This PPT includes the explanation on various types of Electronic payment systems used its working and the recent trends in E-commerce and Electronic payments with special reference to India, It also speaks of various security issues related with e commerce and the use of e-payment systems.
Digital payments
Digital payments in India are being transformed through multiple options like UPI, e-wallets, cards, Aadhaar payments and USSD. UPI allows money transfer between banks using a virtual address, while e-wallets like Paytm allow loading funds and using them for purchases and bills. The government is promoting digital payments through policies while barriers include lack of internet access in rural areas.
E wallet
An electronic wallet (e-wallet) allows users to make secure electronic payments quickly. It can store credit card numbers, electronic cash, identification, and contact information. E-wallets come in two types - client side stores information locally on a user's device, while server side stores it remotely on a merchant's server. The proposed e-wallet would make contactless money transfers easier by providing features like infinite lifetime, authentication, and universal access without requiring a physical card. It aims to improve online shopping efficiency by automatically filling in order forms.
Electronic payment by ahmad
Electronic payment systems allow customers to make online payments for purchases. There are various methods of electronic payment including e-cash, smart cards, and credit/debit cards. Electronic payment systems provide authentication of users, encryption of data, integrity of information, and non-repudiation of transactions. Common types of electronic payment systems are e-cash, e-wallets, smart cards, and credit/debit cards. While electronic payment systems offer benefits like convenience and expense tracking, they also pose risks such as restrictions, hacking, lack of anonymity, and reliance on internet access.
Mobile wallets
Mobile wallets have made it easy to carry out online shopping payments, online utility bill payments, mobile recharge online, DTH recharge online, online bus / movie ticket booking.
In India there are options like Paytm, Mobikwik, Vodafone M-pesa, Chillr, Free-charge, Airtel Money, Oxigen etc.
E commerce & m-commerce payment systems
This document discusses e-commerce payment systems and m-commerce. It describes several common electronic payment methods for e-commerce like credit cards, debit cards, smart cards, and electronic funds transfer. It provides examples of popular online shopping websites in Pakistan and globally. M-commerce involves buying and selling goods and services using mobile phones over public and private connections. The document also briefly mentions future delivery systems using drones and regulatory authorities improving GPS systems.
Electronic wallets and payment system
The document discusses different electronic payment systems and electronic wallets. It describes credit cards, debit cards, smart cards, e-money, and electronic fund transfers as common electronic payment methods. Electronic wallets are described as digital wallets that store payment information and authentication details to allow for electronic payments. Electronic wallets make payments more convenient by automatically filling in online forms and can be used on both client-side devices and remote servers. They provide benefits like ease of use, flexibility, safety and control, and accessibility.
More Related Content
What's hot
Payment gateway
1. An online payment gateway is a secure portal that allows merchants to accept electronic payments from buyers through various payment methods. It transmits and processes card and account information to complete online transactions.
2. Merchants who sell goods or services online and buyers who make purchases online both need an online payment gateway to facilitate payments. Payment gateways also allow any parties to make online monetary transactions.
3. Popular security methods used in payment gateways include Secure Socket Layer (SSL) encryption and Secure Electronic Transaction (SET) protocols, which encrypt payment details and digital certificates to prevent unauthorized access to financial information.
Digital wallet (e-wallet)
A digital wallet allows users to store payment and loyalty card information electronically rather than physically. It authenticates users and facilitates contactless payment using technologies like near field communication (NFC). Digital wallets provide advantages over physical wallets like convenience, flexibility, and safety. While systems issues, security concerns, and user experience challenges remain, major companies are developing digital wallet applications that can be used to pay at retail locations and transfer funds between individuals.
Payment Gateway
A payment gateway is a service that allows online businesses to accept electronic payments for items purchased online. It securely transmits information between the customer's bank and the merchant's bank to facilitate processing payments. Common payment gateways include PayPal, Authorize.Net, and WorldPay. Payment gateways provide security for financial transactions online and allow merchants to accept credit card payments with fees for setup and transactions.
Electronic payment system(EPS)
This document discusses electronic payment systems. It defines electronic payment systems as paying for goods or services electronically instead of using cash or checks. Some common electronic payment methods described include credit cards, debit cards, ATMs, e-banking, digital cash, and electronic checks. Benefits of electronic payment systems mentioned are privacy, integrity, convenience, mobility, low financial risk, and anonymity.
Digital Banking
This document discusses digital banking. It was first incorporated in the United States and is governed by federal regulations. Digital banking allows customers to view accounts, make transfers, pay bills, and access other services through a bank's website or mobile app. Customers can access their accounts 24/7 from anywhere. While digital banking offers convenience, there are also security risks and customers may miss in-person relationships with their banks.
Chapter 8 / Electronic Payment
Electronic payments allow for financial transactions to be conducted online between buyers and sellers. There are various methods of electronic payment including credit cards, electronic cash, e-wallets, and micropayments. Payment gateways act as intermediaries that process transactions between payment networks like Mastercard and Visa and certification authorities. While traditional payment systems had issues with convenience, security, eligibility, and support for small transactions, electronic payment methods address these problems and enable online commerce.
Digital Payments
The document discusses digital payments in India. It provides definitions of different types of digital payment instruments and outlines the history and evolution of digital payments in India from credit cards in 1981 to UPI in 2016. It describes key features of digital payments like convenience and security. Major reasons for increased adoption include demonetization in 2016 and expanding smartphone usage. Key digital payment methods discussed include cards, UPI, NEFT, RTGS, IMPS, internet banking, and mobile banking. The National Payments Corporation of India (NPCI) plays an important role in developing digital payment infrastructure.
E commerce-131110221615-phpapp02
Electronic commerce (e-commerce) involves the buying and selling of goods and services over the internet. It includes business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C) transactions. E-commerce has grown significantly since the 1990s with the rise of the internet and World Wide Web. It provides benefits like lower costs, greater convenience, and access to a global market, but also limitations such as the inability to physically examine products. Emerging models include mobile commerce, online marketplaces, and social commerce.
Digital payments Presentations
UPI is a single window mobile payment system launched by NPCI that allows users to instantly transfer money between bank accounts using only a virtual payment address. It eliminates the need for users to enter sensitive bank details with each transaction. To use UPI, a user simply downloads a participating bank's app, registers with their bank account details and virtual ID, then can make or receive payments by providing only this virtual ID to the payee. This simplifies payments and promotes a cashless economy.
electronic payment system
This document discusses electronic payment systems. It begins with an introduction that defines electronic payment systems as payments made through an electronic medium without cash or checks. It then outlines the objectives and growth of electronic payments. The rest of the document outlines the advantages and disadvantages of electronic payments, the payment process, types of electronic payments including credit cards and e-wallets, a comparison of payment systems, the landscape of e-payments in India, and the future scope of electronic payments. It concludes by discussing how technology has made financial transactions more convenient through electronic payments.
PROJECT REPORT ON “E-COMMERCE”
E-commerce or Electronic commerce, is the purchasing, selling and exchanging of goods and services over computer network. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business
Digital media Dessertation full topic
Digital payments provide unprecedented opportunities for financial inclusion in rural India and for migrants in cities. They promise access to formal financial services and e-commerce benefits for those currently excluded. Beyond financial inclusion, digital payments can improve tax collection, reduce funding of criminal activities, and lower cash-related costs for the state. The study analyzes different digital payment instruments like Paytm, Airtel Money, Jio Money, debit cards, and credit cards. It finds that while people are open to digital payments, some charges directly deducted from accounts make some hesitant. Increased awareness of how such costs benefit society could encourage greater digital payment adoption. Digital payments also provide fraud protection and global acceptance while being cheaper than traditional methods and suitable for online
Digital payments
Briefs the Transformation of Digital payments over a period of time especially in India. Also provides the Pros and cons of the Digital payments.
Electronic Payment Systems: Risk and Requirements
Electronic Payment Systems: Risk and RequirementsAce Institute of Management (Nepal), Institute of Management Studies (Nepal)
It includes contents related to risk and requirements associated to Electronic Payment Systems. Tt also contains descriptions on various types of electronic payment systems. Electronic payment System
Electronic payment systems allow for paperless monetary transactions through various modes like credit cards, debit cards, smart cards, and electronic funds transfers. Credit cards involve a bank paying on behalf of the customer who then has a period to pay the bill. Debit cards immediately deduct funds from the linked bank account. Smart cards contain a microchip to store customer information and funds that are deducted with use. Electronic funds transfers allow money to be transferred between bank accounts without a middleman through ATMs or online banking. E-cheques enable creating and sending checks electronically through bank-provided software. Overall, electronic payment systems have streamlined business processes by reducing paperwork, transaction costs, and processing time.
Electronic payment system
This PPT includes the explanation on various types of Electronic payment systems used its working and the recent trends in E-commerce and Electronic payments with special reference to India, It also speaks of various security issues related with e commerce and the use of e-payment systems.
Digital payments
Digital payments in India are being transformed through multiple options like UPI, e-wallets, cards, Aadhaar payments and USSD. UPI allows money transfer between banks using a virtual address, while e-wallets like Paytm allow loading funds and using them for purchases and bills. The government is promoting digital payments through policies while barriers include lack of internet access in rural areas.
E wallet
An electronic wallet (e-wallet) allows users to make secure electronic payments quickly. It can store credit card numbers, electronic cash, identification, and contact information. E-wallets come in two types - client side stores information locally on a user's device, while server side stores it remotely on a merchant's server. The proposed e-wallet would make contactless money transfers easier by providing features like infinite lifetime, authentication, and universal access without requiring a physical card. It aims to improve online shopping efficiency by automatically filling in order forms.
Electronic payment by ahmad
Electronic payment systems allow customers to make online payments for purchases. There are various methods of electronic payment including e-cash, smart cards, and credit/debit cards. Electronic payment systems provide authentication of users, encryption of data, integrity of information, and non-repudiation of transactions. Common types of electronic payment systems are e-cash, e-wallets, smart cards, and credit/debit cards. While electronic payment systems offer benefits like convenience and expense tracking, they also pose risks such as restrictions, hacking, lack of anonymity, and reliance on internet access.
Mobile wallets
Mobile wallets have made it easy to carry out online shopping payments, online utility bill payments, mobile recharge online, DTH recharge online, online bus / movie ticket booking.
In India there are options like Paytm, Mobikwik, Vodafone M-pesa, Chillr, Free-charge, Airtel Money, Oxigen etc.
What's hot (20)
Similar to E-PAYMENT
E commerce & m-commerce payment systems
This document discusses e-commerce payment systems and m-commerce. It describes several common electronic payment methods for e-commerce like credit cards, debit cards, smart cards, and electronic funds transfer. It provides examples of popular online shopping websites in Pakistan and globally. M-commerce involves buying and selling goods and services using mobile phones over public and private connections. The document also briefly mentions future delivery systems using drones and regulatory authorities improving GPS systems.
Electronic wallets and payment system
The document discusses different electronic payment systems and electronic wallets. It describes credit cards, debit cards, smart cards, e-money, and electronic fund transfers as common electronic payment methods. Electronic wallets are described as digital wallets that store payment information and authentication details to allow for electronic payments. Electronic wallets make payments more convenient by automatically filling in online forms and can be used on both client-side devices and remote servers. They provide benefits like ease of use, flexibility, safety and control, and accessibility.
Ecommerce_CH-4.ppt
Electronic payment systems allow for financial transactions between buyers and sellers online through digital payment methods like credit cards, debit cards, and digital cash. They provide benefits like convenience, choice of payment options, improved cash flow, and competitive advantages for businesses. However, they also carry risks like stolen credentials, fraudulent transactions, disputes over purchases, and insufficient funds in accounts. The key electronic payment methods discussed are credit cards, debit cards, smart cards, e-money, electronic funds transfer, and electronic checks.
ELECTRONIC PAYMENT SYSTEMS
The document discusses electronic payment systems. It begins by explaining how online payments have become more popular with the rise of e-commerce and the COVID pandemic. It then defines electronic payment systems as allowing customers to pay electronically using methods like debit/credit cards, bank transfers, e-wallets, and cryptocurrencies. The document goes on to describe various electronic payment methods like internet banking, card payments, e-cash, mobile wallets, and their benefits, challenges, and risks. It also discusses B2C payments and specific payment tools like credit cards, debit cards, e-wallets, smart cards, and e-checks.
E-payment Systems .pptx
This document discusses various electronic payment systems. It describes methods of electronic payment such as electronic cash, software wallets, smart cards, and credit/debit cards. It also outlines requirements for e-payments like atomicity and non-repudiation. Several modes of e-payment are explained in detail, including payment cards, electronic cash, check free, check share, internet cash, wallets, and smart cards. Benefits and drawbacks of different systems are provided.
MIS 10 Electronic Payment System
The series of presentations contains the information about "Management Information System" subject of SEIT for University of Pune.
Subject Teacher: Tushar B Kute (Sandip Institute of Technology and Research Centre, Nashik)
http://www.tusharkute.com
Electronic payment system
This document discusses electronic payment systems. It defines e-payment as any payment made through a telecommunications or electronic network from individuals or businesses to other businesses. The document outlines different types of e-payment methods including electronic funds transfer, mobile payments, and electronic token-based systems. It also describes various e-payment media like credit cards, debit cards, smart cards, electronic checks, e-cash, and e-wallets. Advantages of electronic payment systems are increased speed, convenience and sales while disadvantages include security concerns, disputed transactions, and increased business costs.
Electronic payment
What is Electronic payment system.
E-payment system.
Problem with Traditional payment methods.
Problem in implementation of electronic payment.
Some of the modes of electronic payments.
Advantage & Disadvantage Of Electronic Payment.
Elecrtonic payment system
This document discusses electronic payment systems. It defines electronic payment as a financial exchange that occurs online between buyers and sellers using digital payment methods like encrypted credit card numbers or digital cash. The document outlines requirements for electronic payments like acceptability, anonymity, and usability. It describes different types of electronic payment systems including digital token-based systems like electronic cash and cheques, and retail payment methods like credit cards and debit cards. The advantages and disadvantages of electronic cash are also summarized.
Siddharth gaur
This document provides an overview of electronic commerce and electronic payment systems. It discusses the history of e-commerce from the 1970s development of electronic fund transfer to the rise of the world wide web in the 1990s. It defines electronic payment as a subset of e-commerce used to purchase goods or services online. Specific electronic payment methods discussed include electronic funds transfer, electronic cash, electronic checks, debit cards, and smart cards. The pros and cons of these methods are summarized. The document also provides an overview of electronic payment systems used in India, including the increasing use of payment cards and promotion of digital payments through various channels.
Paper id 2320146
This document analyzes the Secure Electronic Transaction (SET) system for securing electronic payments. SET uses cryptography techniques like SSL and nested encryption tunnels to securely transmit payment information between customers, merchants, and payment gateways. The system aims to provide authentication, data confidentiality, non-repudiation, access control, and data integrity. It allows customers to securely purchase items online by encrypting transaction data and verifying identities. The main advantage is it protects payment information and can be easily used, without additional software, by securing the conventional communication channels used for online transactions.
Electronic Payment Method
E-commerce refers to the buying and selling of goods and services over the Internet. Electronic payment methods used in e-commerce include credit cards, debit cards, smart cards, e-money, and electronic funds transfer. These electronic payments allow for paperless monetary transactions that reduce costs for businesses while providing convenient online shopping for consumers. While e-commerce provides advantages such as expanded markets, improved customer service, and increased choice for consumers, it also faces challenges including high initial costs, user resistance to unfamiliar online sellers, and security issues with online transactions.
Ecommerce_Ch5.ppt
Electronic payment systems allow for online financial transactions between buyers and sellers. They use digital payment methods like encrypted credit/debit cards, e-checks, or digital cash backed by financial institutions. The main types of electronic payments discussed are credit cards, debit cards, smart cards, e-money, and electronic funds transfer. Electronic payments provide benefits like increased customer base, improved cash flow, reduced costs, and enhanced customer service for businesses. However, they also present risks like stolen credentials, fraudulent transactions, and insufficient customer funds that must be addressed.
Electronic payment system (e-payment)
Electronic payment is any kind of non-cash payment that doesn't involve a paper check. Methods of electronic payments include credit cards, debit cards, and the ACH (Automated Clearing House) network. The ACH system comprises direct deposit, direct debit, and electronic checks (e-checks).
Presentation2 edited.pdf
The document provides information about electronic payment systems including definitions, applications, modes, benefits, drawbacks, security requirements, payment gateways, and secure electronic transaction processes. It defines electronic payments as the electronic transfer of funds and discusses common applications like credit/debit cards, e-wallets, and QR codes. Benefits include convenience, transparency, security, and cost savings while drawbacks include risks of hacking, fraud, and impulse buying.
e paiment.pptx
The document outlines the objectives, definition, history and types of electronic payment systems. It discusses various e-payment methods like credit cards, debit cards, e-wallets and bank transfers. Credit cards allow borrowing within a credit limit while debit cards directly withdraw from a linked bank account. E-wallets can be used to make purchases, transfer funds and track rewards. Mobile payments allow payments via mobile phones. The document also compares advantages like speed and reduced costs versus disadvantages like security concerns for e-payments and provides e-payment usage statistics for top 5 African countries.
e paiment.pptx
The document outlines the objectives, definition, history and types of electronic payment systems. It discusses various e-payment methods like credit cards, debit cards, e-wallets and bank transfers. Credit cards allow borrowing within a credit limit while debit cards directly withdraw from a linked bank account. E-wallets can be used to make purchases, transfer funds and track rewards. Mobile payments allow payments via mobile phones. The document also compares advantages like speed and reduced costs versus disadvantages like security concerns for e-payment and provides 2021 e-payment usage statistics for selected African countries.
E-Payment
The ppt deals with various modes and procedures involved in e-payment, which is a major aspect of e-commerce.
Electronic Payment Systems in E Commerce
Electronic payment systems have revolutionized business by allowing for paperless monetary transactions and reducing paperwork, transaction costs, and labor costs. Common electronic payment methods include credit cards, debit cards, smart cards, e-money, electronic funds transfer, and e-wallets. These systems provide benefits like being user-friendly and faster than manual processing, helping businesses expand their markets. However, businesses must pay processing fees to accept these electronic payments.
electronicpaymentsystem-12697023522629-phpapp01.pdf
The document discusses electronic payment systems and their security. It describes various electronic payment methods like e-cash, smart cards, credit cards, and e-wallets. E-cash works like digital cash that is issued by banks and can be spent anonymously. Smart cards contain embedded chips that can process payments. Credit cards allow purchases with repayment later while e-wallets store payment details and act as digital wallets. Payment gateways provide secure transaction processing between customers, merchants and payment processors. Electronic payment systems enhance convenience and expand markets beyond geographical boundaries.
Similar to E-PAYMENT (20)
electronicpaymentsystem-12697023522629-phpapp01.pdf
electronicpaymentsystem-12697023522629-phpapp01.pdf
Recently uploaded
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
Industrial Tech SW: Category Renewal and Creation
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night Understanding User Needs and Satisfying Them
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Mastering B2B Payments Webinar from BlueSnap
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
How to Implement a Real Estate CRM Software
To implement a CRM for real estate, set clear goals, choose a CRM with key real estate features, and customize it to your needs. Migrate your data, train your team, and use automation to save time. Monitor performance, ensure data security, and use the CRM to enhance marketing. Regularly check its effectiveness to improve your business.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Digital Transformation Frameworks: Driving Digital Excellence
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
Best practices for project execution and delivery
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
-- June 2024 is National Volunteer Month --
Check out our June display of books on voluntary organisations
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
The Genesis of BriansClub.cm Famous Dark WEb Platform
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
3 Simple Steps To Buy Verified Payoneer Account In 2024
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
Best Forex Brokers Comparison in INDIA 2024
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Recently uploaded (20)
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
Digital Transformation Frameworks: Driving Digital Excellence
Digital Transformation Frameworks: Driving Digital Excellence
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
The Genesis of BriansClub.cm Famous Dark WEb Platform
The Genesis of BriansClub.cm Famous Dark WEb Platform
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
E-PAYMENT
- 1. welcom e
- 3. WHAT IS E-PAYMENT E-PAYMENT DEFINED AS A ELECTRONIC PAYMENT,IS A SUBSET OF AN E-COMMERCE TRANSACTION.IT INCLUDES ELECTRONIC PAYMENT FOR BUYING/SELLING OR SERVICES WHICH ARE OFFERED ON THE INTERNET
- 4. TYPES OF E-PAYMENT SYSTEM E-CASH MICRO PAYMENTS DEBIT AND CREDIT CARDS SMART CARD PEER TO PAYMENT B2B AND B2C TRANSACTIONS
- 5. E-CASH IT IS DEFINED AS ELETRONIC CASH.IT IS AN INTERNET BASED SYSTEM GENERATED BY A COMPUTER. IT ALLOWS FUNDS TO BE TRANSFERRED AND ITEMS SHOULD BE PURCHASED BY DEBIT/CREDIT CARD,CHEQUE OR MONEY ORDER.IT IS MORE EFFICIENT AND HAS LOWER TRANSACTION COST
- 6. MICRO PAYMENTS A MICROPAYMENT IS AN E-COMMERCE TRANSACTION INVOLVING A VERY SMALL SUM OF MONEY IN EXCHANGE FOR SOMETHING MADE AVAILABLE ONLINE.SUCH AS APPLICATION DOWNLOAD,A SERVICE WEB BASED CONTENT ETC.
- 7. DEBIT AND CREDIT CARDS A DEBIT CARD IS A PLASTIC CARD THAT PROVIDES THE CARD HOLDER ELECTRONIC ACCES TO HIS BANK ACCOUNT TO WITHDRAW CASH OR PAY FOR GOODS AND SERVICES. IT REMOVES THE NEED TO GO TO YOUR BANK TO MAKE PAYMENTS. IT ALSO GIVES YOU THE ABILITY TO TAKE DIRECTLY CASH FROM ATM’S CREDIT CARD IS A CARD ISSUED BY A FINANCIAL COMPANY GIVING THE HOLDER AN OPTION TO BORROW FUNDS.CREDIT CARDS CHARGE INTERST AND ARE PRIMARLY USED FOR SHOR TERM FINANCING.IT IS MOST USED PAYMENT SYSTEM GIVEN ITS HIGH CONVENIENCE
- 8. SMART CARD A SMART CARD IS A PLASTIC CARD IN THE SIZE OF CREDIT CARD WITH AN EMBEDDED MICROCHIP THAT CAN BE LOADED WITHDATA,USED FOR TELEPHONE CALLING,ELECTRONIC CASH PAYMENTS AND OTHER APPLICATION.IT STORES MORE INFORMATION THAN A MAGNETIC STRIP CARD.IT CONTAIN INFORMATION SUCH AS A/C INFO.,CREDIT CARD NO,HEALTH INSURANCE ETC.
- 9. PEER TO PEER PAYMENT IT ALLOWS THE TRANSFER OF ELECTRONIC CASH (E-CASH) VIA E-MAIL BETWEEN TWO PEOPLE WHO HAVE ACCOUNT AT E-CASH ENABLED BANK.PEER TO PEER TRANSACTINSALLOW ONLINE FINANCIAL TRANSFERS BETWEEN CONSUMERS
- 10. B2B AND B2C TRANSACTIONS THE FASTEST GROSSING SECTOR OF E-COMMERCE PAYMENT IS BUSINESS TO BUSINESS(B2B) TRASACTION.THESE PAYMENT ARE MUCH LARGER THAN BUSINESS TO CUSTOMER(B2C) TRANSACTINS AND INVOLVE COMPLEX BUSINESS ACCOUNTING SYSTEM
- 11. Advantages and Disadvantages of Payment Cards Advantages: • They are good for online transactions. • Speed and Convenience • Flexible Payment Arrangements • They have worldwide acceptance. Disadvantages: • Payment card service companies charge merchants per-transaction fees and monthly processing fees. • hacking Payment System Collision
- 12. CONCLUSION E-PAYMENT IS IMPROVING AND DEVELOPING VERY FAST. THE USAGE,COMFORTABILITY IS BEING WIDER AND WIDER DAY BY DAY.GOVT SUPPORT E-PAYMENT SYSTEM FOR THE DEVELOPMENT .