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.
Epayments system in India and globally iit project abhiROCKS1103
IIT project on epayments. Including all the method uses and innovations in e payments and the growth of epayments in the modern world and rapid growth in india after demonetization.
An e-payment system is a way of making transactions or paying for goods and services through an electronic medium, without the use of checks or cash. It’s also called an electronic payment system or online payment system. T
E-payment and E-payment System (EPS) / Classification of E-paymentUttar Tamang ✔
This slide contains:
1. What is Electronic Payment (E-payment) ??
2. What is E-payment System (EPS) ??
3. E-Payment Channels
4. E-payment Instruments
5. Characteristics of E-payment
6. Classification of E-payment
7. Current Status of E-Payment
.
.
- Uttar Tamang
Epayments system in India and globally iit project abhiROCKS1103
IIT project on epayments. Including all the method uses and innovations in e payments and the growth of epayments in the modern world and rapid growth in india after demonetization.
An e-payment system is a way of making transactions or paying for goods and services through an electronic medium, without the use of checks or cash. It’s also called an electronic payment system or online payment system. T
E-payment and E-payment System (EPS) / Classification of E-paymentUttar Tamang ✔
This slide contains:
1. What is Electronic Payment (E-payment) ??
2. What is E-payment System (EPS) ??
3. E-Payment Channels
4. E-payment Instruments
5. Characteristics of E-payment
6. Classification of E-payment
7. Current Status of E-Payment
.
.
- Uttar Tamang
Complete Guide to CBDC (Central Bank Digital Currency)OliviaJune1
The CBDC is the digital currency managed by central banks, known as the digital fiat or digital base money. CBDC is a virtual digital token of money. Sinine currencies, cryptocurrency certifications and blockchain education are popular amongst the people as Blockchain technology has spread across the world.
Slides as presented at the Inaugural ESRC People Risk Seminar at the Centre for Risk, Banking & Financial Services at Nottingham University Business School, 4 Dec 2013, Nottingham.
Credit cards are dominant form of online payment, accounting for around 80% of
online payments in 2005
-New forms of electronic payment include:
3-1
3-2
3-3
3-4
3-5
3-6
Digital
Digital
Online
Digital
Digital
Digital
Wallet
cash
stored value systems
accumulating balance payment systems
credit accounts
checking
Complete Guide to CBDC (Central Bank Digital Currency)OliviaJune1
The CBDC is the digital currency managed by central banks, known as the digital fiat or digital base money. CBDC is a virtual digital token of money. Sinine currencies, cryptocurrency certifications and blockchain education are popular amongst the people as Blockchain technology has spread across the world.
Slides as presented at the Inaugural ESRC People Risk Seminar at the Centre for Risk, Banking & Financial Services at Nottingham University Business School, 4 Dec 2013, Nottingham.
Credit cards are dominant form of online payment, accounting for around 80% of
online payments in 2005
-New forms of electronic payment include:
3-1
3-2
3-3
3-4
3-5
3-6
Digital
Digital
Online
Digital
Digital
Digital
Wallet
cash
stored value systems
accumulating balance payment systems
credit accounts
checking
EPS system explanation, How EPS System works in real world, Model of E- Payments, Security concerns related to EPS systems, Case study of paytm related to electronic payment
E-Banking is one of the latest approaches to provide
comfort to the client regarding monetary transactions. Through
E-Banking the bank wants to introduce the core concept of IT
based Enabled Services (ITES). The major idea is to provide a
series of services to the customer through the internet, and make
the customer feel flexible in calling out simple tasks faster instead
of making visit to the bank every time. Today, one of the surest
most comfortable and less risk oriented faced by banking sectors
the application of electronic commerce. E-banking is considered
to have a substantial impact on banks’ performance. The main
reason behind this success is the numerous benefits it can
provide, both to the banks and to customers of financial services.
For customers it can provide a greater choice in terms of the
channels they can use to conduct their business, and convenience
in terms of when and where they can use E-banking. More and
more people are adapting to this technique and the banking
industry is bound to grow. The evolution of electronic banking
started with the use of automatic teller machines and has
included telephone banking, direct bill payment, electronic fund
transfer and online banking. This research shows that the
application of e-banking can help their local banks reduce
operating costs and provide a better and fast service to their
customer. It provides an insight into various aspect of E-banking.
What is Cashless Economy ? Advantages, Disadvantages, Different Cashless payment methods, internet banking, plastic money, e-wallet, Point of sale, how to secure your cashless payment, future of cashless payment.
The various factors which influences the retail consumers are discussed in the presentation. various factors like culture, personal, psychological factors etc., are explained in this ppt.
FMCG - Ayurvedic Warfare ( FMCG's Goes Ayurvedic)Ayush G. Kottary
In this PPt the forray of Patanjali in to the FMCG market and the reactive strategies of brands like, emami, HUL, Colgate Palmolive, Himalaya and Godrej are described, with the relevant news feeds of the correlated timeline. The emergence of Ayurvedic mantra and the battle of the brands in this arena is described.
The PPT describes the Concept of evidence based human resource management (EBHRM), viz, the meaning and definition, How EBHRM is used?., Why EBHRM?., Good EBHM Practices and the qualities of an EBHRM Practiotioner.
in this PPt one of the important functions of management i.e., controlling is explained in terms of its Meaning, Definition, Features, Controlling Process, Advantages, Limitations and characteristics of a good controlling system, with relevent examples of TATA-Mystri management control , Reliance Jio, 6sigma, TQM, Tesco and Mumbai Dabbawala etc. The process of Controlling is explained in detail with relevent examples of management control, Quality Control, Budget Control etc.
The moving average formula of demand forecasting is explained herein with the help of an example in an easily understandable way. The ppt contains the meaning and formula of moving average along with an example.
The ppt descibes the the Branding and marketing strategies of Starbucks Under 8 functional Bracket like Logo, Standardisation, expansion, Globalisation, Co-branding, Augmented Services, Facing Competition and Pricing Strategies.
1.Wireless Communication System_Wireless communication is a broad term that i...JeyaPerumal1
Wireless communication involves the transmission of information over a distance without the help of wires, cables or any other forms of electrical conductors.
Wireless communication is a broad term that incorporates all procedures and forms of connecting and communicating between two or more devices using a wireless signal through wireless communication technologies and devices.
Features of Wireless Communication
The evolution of wireless technology has brought many advancements with its effective features.
The transmitted distance can be anywhere between a few meters (for example, a television's remote control) and thousands of kilometers (for example, radio communication).
Wireless communication can be used for cellular telephony, wireless access to the internet, wireless home networking, and so on.
ER(Entity Relationship) Diagram for online shopping - TAEHimani415946
https://bit.ly/3KACoyV
The ER diagram for the project is the foundation for the building of the database of the project. The properties, datatypes, and attributes are defined by the ER diagram.
This 7-second Brain Wave Ritual Attracts Money To You.!nirahealhty
Discover the power of a simple 7-second brain wave ritual that can attract wealth and abundance into your life. By tapping into specific brain frequencies, this technique helps you manifest financial success effortlessly. Ready to transform your financial future? Try this powerful ritual and start attracting money today!
Multi-cluster Kubernetes Networking- Patterns, Projects and GuidelinesSanjeev Rampal
Talk presented at Kubernetes Community Day, New York, May 2024.
Technical summary of Multi-Cluster Kubernetes Networking architectures with focus on 4 key topics.
1) Key patterns for Multi-cluster architectures
2) Architectural comparison of several OSS/ CNCF projects to address these patterns
3) Evolution trends for the APIs of these projects
4) Some design recommendations & guidelines for adopting/ deploying these solutions.
3. DEFINITION
Electronic Payment is a financial exchange that takes place online
between buyers and sellers.
The content of this exchange is usually some form of digital financial
instrument,
such as encrypted credit card numbers, electronic cheques or digital
cash,
that is backed by a bank or an intermediary, or by a legal tender.
4. TYPES OF EPS
E-CASH E-WALLETS
SMART CARDS CREDIT CARDS
ELECTRONIC
PAYMENT
SYSTEM
5. e-CASH
A system that allows a person to pay for
goods or service by transmitting a number
from one computer to another.
Like the serial numbers on real notes, e-
Cash numbers are also unique.
This is issued by a bank and represents the
real money.
It’s a Value Storage and exchange system
that operates online in much the same way
that government-issued currency operates
in the physical world.
6. e-CASH PROCESSING
1). Consumer buys e-Cash from bank.
2). Bank sends e-Cash bits to consumer.
( After charging that amount plus fee )
3). Consumer sends e-Cash to merchant.
4). Merchant checks with bank that e-Cash is valid.
( Check for forgery or fraud )
5). Bank verifies that e-Cash is valid.
6). Parties complete transaction.
7. The E-wallet is another
payment scheme that
operates like a carrier of
E-cash and other
information.
The aim is to give
shoppers a single, simple,
and secure way to
carrying currency
electronically.
Trust is the basis of the e-
wallet as a form of
electronic payment.
8.
9.
10.
11. SMART CARDS
A smart card, chip card, or integrated circuit card (ICC) is
any pocket-sized card with embedded integrated circuits.
Smart cards are made of plastic.
Smart cards can provide identification, authentication, data
storage and application processing.
Smart cards may provide strong security authentication for
single sign-on (SSO) within large organizations
12. TYPES OF SMART CARDS
Contact smart cards have a contact area of
approximately 1 square centimeter (0.16 sq
in), comprising several gold-plated contact
pads.
These pads provide electrical connectivity
when inserted into a reader,
which is used as a communications medium
between the smart card and
a host (e.g., a computer, a point of sale
terminal) or a mobile telephone.
Cards do not contain
batteries; power is
supplied by the card
reader
15. Smart cards are turning out to be a fundamental
piece of the transformation of retailing into
electronic commerce.
The impressive growth of the Internet is making
electronic shopping at least a real possibility, if not
a habit, among computer users.
SMART CARDS AND ELECTRONIC
PAYMENT SYSTEM
16. Credit cards or checks are simply too expensive to use for
micro-payments,
and the e-cash currently being experimented on the World
Wide Web does not seem to have the characteristics to
appeal to shoppers.
For this reason, smart cards could be a fundamental building
block of widespread use of electronic commerce,
since they are an instrument to pay at a low cost for
transactions involving small amounts of money.
SMART CARDS AND ELECTRONIC
PAYMENT SYSTEM
17. A smart card can contain a non-encrypted
profile of the bearer,
so that the user can get customized services
even without previous contacts with the
supplier.
SMART CARDS AND ELECTRONIC
PAYMENT SYSTEM
Smart cards are a key technology enabler
for financial institutions.
PC-based home banking and phone banking
will give way to card banking:
A phone equipped with a smart card reader
will be all that is needed for any kind of
transaction.
18. It is a Plastic card having Magnetic Number and Code
on it.
It has some fixed amount to spend.
Customer has to repay the spent amount after
sometimes.
CREDIT CARDS
19. Digital Credit Card Payment System extend the
functionality of existing credit cards for use as
online shopping payment tools.
Focuses specifically on making use of credit cards
safer and more convenient for online merchants
and customers.
Processed in much the same way that in store
purchases are.
20.
21. One important challenge of e-commerce is Risk
Management.
The working of the payment systems incurs three
major risks;
i. mistake,
ii. privacy problems and
iii. credit risk.
22. I. Consumer Protection
• Virtually all electronic payment systems require some ability to keep
automatic records.
Once information has been electronically caught , it is easy and not
expensive to keep.
• The intangible nature of electronic
transactions and resolution of the
disputes relying alone on records,
a general law of payment
dynamics and banking technology
might be : No data should be
discarded.
23. Features of these automatic records are :
• Permanent storage
• Accessibility and traceability
• A payment system database and
• Data transfer to payment maker, bank or monetary authorities.
• The need of keeping of records for the purposes of risk
management conflicts with the transaction anonymity of cash.
An unknown payment system without automatic record keeping
facility will be difficult for bankers and government to accept.
However, customers might feel that all this record keeping is an
invasion of privacy.
24. II. Managing Information
Privacy
• The electronic payment system must
provide and maintain privacy.
Every time one purchases goods using a
credit card, subscribes to a magazine or
accesses a server that information goes
into a database somewhere.
This violates one the unspoken laws of
doing business; that the privacy of
customers should be protected as
possible.
25. • All details of a consumer’s payments can be easily
be aggregated : Where, when and sometimes what
the customer buys is stored.
This data collection tells much about the person
and as such can conflict with the individual’s
privacy.
26. • Privacy must be maintained against eavesdroppers on the
network and against unauthorized insiders.
The users must be given assurance that they cannot be
easily duped or falsely implicated in a fraudulent
transaction.
This protection has to be applied on the whole transaction
protocol.
27. III. Managing Credit Risk :
• Credit risk is an important concern in systems of net settlement because a bank’s
inability to settle its net position could give rise to a chain reaction of failures of
the banks.
The digital central bank must prepare policies to handle this possibility.
Various alternatives exist, each with advantages and disadvantages.
• A digital central bank guarantee on settlement issues eradicates the insolvency
test from the system because banks will more easily assume credit risks from
other banks,
28. Rs 500, Rs 1000 notes: Flipkart, Amazon want you to go cash less:
• E-commerce majors Amazon, Flipkart and Snapdeal have stopped
their CoD (cash-on-delivery) mode of payment following the Indian
government’s move to demonitise the Rs 500 and Rs 1,000 .
• While trying to make a CoD purchase on Amazon, you will be greeted
with a message saying :-
“We have disabled COD for you
to save cash for essential payments ”.
29. • Flipkart gives you a banner saying,
“This payment option is not available for this order”.
• The message advises people to use their debit/
credit cards or net banking to make purchases.
30. Paytm hits Record 5mn transactions a day:
• Following the ban on Rs 500 and Rs 1,000 notes, mobile
wallets, debit and credit cards, online money transfers have
seen a rise of 200%, industry experts have observed.
• Paytm, would be able to close the financial year with Rs
24,000 crore worth of transactions processed on the platform.
31. • The company registered a 700% increase in overall
traffic and 1,000% growth in the amount of money
added to the Paytm account over the past couple of
days.
• During this period, the transaction value continued to
be 200% of the average ticket size, while the number
of app downloads went up 300%.
• The number of transactions per user also went up
from 3 to 18 transactions in a week.
32.
33.
34. Digital transactions in banking sector going up: SBI
• Digital transactions have really gone up at my PoS transactions,
by300 per cent up in numbers,
• and 200 per cent by value.
• A lot of corporates were asking for Impress Cards for low value
payment to many of their contract workers, even for people like
drivers who were given cash to tank up cars.
• SBI is installing 3,600 PoS machines at various toll plazas so people
can use cards instead of cash at the tolls.
Arundhati Bhattacharya, chairperson , SBI.
35. Airtel Payments Bank goes live
with pilot project in Rajasthan
• Airtel Bank would commence the pilot
with banking points at 10,000 Airtel retail
outlets.
• The pilot is aimed at testing systems and
processes ahead of a pan-India launch.
• Customers in towns and villages in
Rajasthan would be able to open bank
accounts at Airtel retail outlets, which
would act as Airtel banking points and
offer a range of convenient banking
services.
36. • A wide network of merchants would accept digital payments
from Airtel Bank, offering customers the convenience of
cashless purchase of goods and services through their mobile
phones in a quick and secure manner
• The banking points would offer bank account opening services,
cash deposit and withdrawal facilities.
• Elaborating on the digital and paperless bank, the firm said,
account opening would be quick and paperless using Aadhaar
based e-KYC.
• It would allow money transfer to any bank account in India and
free money transfer from Airtel to Airtel numbers within the
Airtel Bank.
37. MobiKwik 'Lite' to make life easier for small business
holders
• MobiKwik, on Monday (28/11/2016), announced the
launch of MobiKwik 'Lite', an easy to understand and use
app that will help the unorgainised retailers and
shopkeepers across India in receiving payments seamlessly.
• The app will be available in all major Indian languages .
38. Some of the features of MobiKwik Lite include:
• Supports receiving payment.
• Bank transfer.
• P2P transfer.
• Bill payments and,
• Recharge.