The document discusses e-payments, defined as electronic financial exchanges between buyers and sellers, highlighting their benefits such as faster sales and order processing. It also outlines several risks, including payment conflicts, impulse buying, dishonest merchants, stolen credentials, and lack of anonymity. These risks stem from automated systems and the prevalence of fraudulent online merchants, which can compromise the safety of transactions.

1. E-COMMERCE
RISKS INVOLVED IN
E-PAYMENT

2. CONTENTS
2) Why to use e-payments?
1) What is e-payment ?
3) Risks involved in E-payment
Payment conflicts
Impulse buying
Dishonest merchants and financial providers
Stolen passwords credentials and passwords

3. What is e-payment ?
• It is financial exchange
that takes place
electronically between
buyer and the seller.

4. Why to use e-payments?
• Helps to sell the items faster and more conveniently for both buyer
and the seller.
• E-payment system enables faster order processing & delivery.
• Online presence creates a stronger company
profile and yield access to new local and foreign
market.

5. Risks involved in E-payment
Stolen payment
credentials and
password
Impulse buying
Dishonest
merchants &
financial
providers
Payment
conflicts
Lack of
anonymity

6. • Payment conflict often arise because payments are not
done manually but done by an automated system that can
cause error.
• This is especially common when payment is done on a regular
basis to many recipients.
A) Payment conflicts

7. • Impulse buying means – sudden buying
• e-payment systems encourage impulse buying ,
especially online.
• Impulse buying leads to disorganized budgets.
B) Impulse Buying.

8. • Sometimes, some ecommerce website are fake and if
the customers does any transaction from that website
then it becomes a fraudulent activity for that
customer.
• There are fake merchants who provoke the customers
to buy the goods.
C) Dishonest merchants and financial providers

9. • Sometimes whatever transaction takes place, it is not safe.
There are different modes of electronic mode like credit
cards, debit card, e-cash etc.
• There are highly chance of passwords being hacked by the
middle men.
D) Stolen payment credentials and passwords

10. • The information about all the transactions are stored in the
database of the payment system.
• Simply means the intelligence agency has an access to this
information.
E) Lack of anonymity.