This presentation discusses e-payment systems, which facilitate electronic payments for online transactions such as online shopping, bill payments, reservations, and funds transfers. It outlines the types of e-payment systems including biller direct, bank aggregator. The key advantages of e-payment systems are speed, convenience, increased sales and flexibility, while the disadvantages include security issues, website problems, and lack of paper bills.

1. PRESENTATION
ON

2. An e-payment system facilitates the acceptance of
electronic payment for online transactions. It
includes payment for buying and selling goods or
services through the internet.

3. TYPES OF E-PAYMENT
BILLER
DIRECT
BANK
AGGREGATOR

4. ONLINE SHOPPING
BILL PAYMENT
ONLINE RESERVATION
FUND TRANSFER
MOBILE RECHARGE

5. 1. ORDER PLACEMENT
2. REQUEST TO PAYMENT GATEWAY
3. REQUEST FOR CONFIRMATION TO BANK
4. BANK RESPONDS TO USER
5. FUND TRANSFER TO MERCHANT’S A/C

7. SPEED & CONVENIENCE
FLEXIBLE PAYMENTS
INCREASED SALES
IMPROVED MARKETING
REDUCED COSTS
ECOFRIENDLY

8. - INSECURITY
- PAYMENT SYSTEM COLLISION
- WEBSITE ISSUES
- NO PAPER BILL
- TAX EVASION
- NO PHYSICAL LOCATION
DISADVANTAGES OF E-PAYMENT

9. GOOGLE CHECKOUT
AMAZON PAYMENTS
RU PAY
PAYPAL
WESTERN UNION
CITIBANK